The D & O Diary


“A periodic journal containing items of interest from the world of directors’ and officers’ liability, with occasional commentary.”

Author: Kevin M. LaCroix is an attorney and a partner in OakBridge Insurance Services in Beachwood, Ohio. OakBridge is an insurance intermediary focused exclusively on management liability issues.

Blawg Related Categories: Insurance Law

Recent Posts from The D & O Diary


  • D&O Insurance: Is "Choice of Law" the Next Hot Topic?

    Pop quiz: the law of which jurisdiction should govern a coverage dispute arising under D&O insurance policies issued by U.S-domiciled insurers to an NYSE company incorporated in Delaware with its headquarters in Oregon? If you…

  • The Changing European Liability Landscape and the D&O Insurance Marketplace

    Beginning with the corporate scandals earlier in this decade and continuing with the more recent financial meltdown and Ponzi scheme revelations, these has been a widespread push toward corporate governance reform. In some European countries,…

  • Look Who's Getting Sued Now

    One interesting thing about the most recently filed securities class action lawsuits is what they have in common – that is, that while the companies sued are drawn from a surprising diversity of industries, none…

  • Marsh Settles "Contingent Commission" Securities Suit for $400 Million

    According to its November 13, 2009 press release (here), Marsh & McLennan has agreed to pay $400 million to settle the consolidated securities class action lawsuit pending in the Southern District of New York against…

  • Credit Crisis Securities Suits Still Coming In

    As the dramatic events in the financial marketplace during fall 2008 recede further into the past, the wave of related litigation activity has also clearly started to slow. But a newly filed lawsuit arising directly…

  • D&O Insurance: The Latest Hot Topics

    There are certain constant issues in the D&O insurance marketplace, but at the same there is always a steady stream of critical issues that emerge and dominate the dialog. In the latest issue of InSights…

  • Banks' Commercial Loan "Nightmare" and Other Web Notes

    The onslaught of bank closures continues. The FDIC’s closure of five more banks this past Friday night brings the 2009 YTD total number of bank failures to 120 – including twenty-one in just the last…

  • Guest Post: Foreign-Cubed Litigation - Developments at the Supreme Court

    The D&O Diary is pleased to present the following guest blog post, written by Angelo Savino (pictured),  a partner at the Cozen & O’Connor law firm. Angelo is resident in the firm’s New York office. Angelo’s…

  • ETFs: The Hot New Securities Lawsuit Targets?

    Where securities class action lawsuits are concentrated tends to vary over time. At various times over the past several years, companies in the high tech sector, telecommunications category and, more recently, in the financial services…

  • Another Subprime Suit Survives Renewed Dismissal Motion

    As a result of a November 2, 2009 ruling (here) by Northern District of California Judge Susan Illston, the PMI Group securities class action lawsuit is the latest subprime-related securities suit to survive a renewed…