AIG, in its recently published 2018 M&A Claims Report, explored the rising number of representations and warranties (R&W) claims in the M&A market by examining AIG policies written between 2011 and 2016. During this period, AIG wrote policies for approximately 2,000 deals, representing a total deal value of over $700 billion from which more than… Continue reading Frequency and Size of M&A Insurance Claims Continue to Rise
Tag: D&O insurance
CBS Chief Executive Les Moonves Steps Down After Sexual Harassment Claims
Leslie Moonves, the longtime chief executive of the CBS Corporation, stepped down on Sunday night from the company he led for 15 years. His fall from Hollywood’s highest echelon was all but sealed after the publication earlier in the day of new sexual harassment allegations against him. The CBS board announced his departure, effective immediately.… Continue reading CBS Chief Executive Les Moonves Steps Down After Sexual Harassment Claims
Compensation for Outside Corporate Directors Increased 3% to over $267,000 in 2017
Total pay for outside directors at the nation’s largest corporations increased by a modest 3% in 2017, driven by increases in cash and stock compensation, according to a new analysis by Willis Towers Watson, a leading global advisory, broking and solutions company. The study also revealed more companies are implementing annual limits on director compensation… Continue reading Compensation for Outside Corporate Directors Increased 3% to over $267,000 in 2017
Women on Track to Gain Record Number of Board Seats
Women are gaining more seats in U.S. boardrooms, though not necessarily those with the most power. In the first five months of 2018, women accounted for 248, or 31%, of new board directors at the country’s 3,000 biggest publicly traded companies, according to an analysis of corporate filings by ISS Analytics, the data arm… Continue reading Women on Track to Gain Record Number of Board Seats