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Directors' and Officers' Insurance: An International Perspective Seminar

Event | 02.07.17, 10:00 AM EST - 11:30 AM EST

Address

Crowell & Moring
590 Madison Avenue, 20th Floor, New York, NY

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The Insurance/Reinsurance Group of Crowell & Moring invites you to a complimentary program of in-depth presentations on international directors’ and officers’ insurance. The presentations will focus on trends and developments in various jurisdictions around the world. Our panel of speakers is drawn from leading insurers, reinsurers, and brokers of D&O risks.


Panel:


— Giles Stockton, Directors’ & Officers’ Class Underwriter, Brit Syndicate 2987


— Jay A.R. Cassidy, Managing Director, Marsh Canada Limited


— Peter Wedge, Senior Contract Specialist, Swiss Re


— Mark Meyer, Insurance/Reinsurance Group Partner, Crowell & Moring

 

Continental Europe – From the perspective of the reinsurer, we will review developments in several countries, focusing on recent claims and regulatory oversight involving directors and officers.

 

United Kingdom – As a truly international hub for insurance and reinsurance, underwriters in London are presented with risks from around the world giving them a unique insight into both underwriting and claims trends.

 

Canada – This jurisdiction has quickly become one of the most active global markets for securities class actions. We will review recent business and legal trends impacting the market for D&O liability insurance in Canada.

 

Asia & Australia – There have been a number of high profile claims in these jurisdictions involving directors and officers arising out of high profile corporate M&A activity. We will review some of these claims and how they have impacted the scope of coverage for directors and officers.

 

Please RSVP by February 2, 2017


Registration - 2:30 p.m.-3:00 p.m.
Drinks & Canapes - 4:30 p.m.-5:30 p.m.

 

For more information, please visit these areas: Litigation and Trial, Corporate and Transactional

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Insights

Event | 02.20.25

Has the Buss Stopped? Recoupment Today

Has the Buss Stopped? Recoupment Today: In 1997, the California Supreme Court decided Buss v. Superior Court. In Buss, the court concluded that a liability insurer that defended a mixed action could seek reimbursement from the insured for the defense costs associated with the claims that were not even potentially covered. Since then, numerous courts have held that insurers are entitled to recoup their defense costs associated with uncovered claims or causes of action. On the other hand, a significant number of courts have rejected insurers’ right to recoupment, at least in the absence of a policy provision granting the insurer that right. Some commentators have even suggested that the current judicial trend might be away from permitting insurers to recoup their defense costs. Is that correct? Has the Buss stopped? This panel of coverage experts will analyze insurers’ claimed right to recoupment today, and offer their perspectives on what the law on recoupment should perhaps be and might be in the future.

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