By: Joseph Marrow
The proliferation of mergers and acquisition litigation activity has led to changes in the directors and officers insurance coverage marketplace. The Wall Street Journal recently reported that in the first three quarters of 2013, 98% of acquisitions valued at $500 million or more have resulted in lawsuits (in 2007, 53% of similar transactions resulted in litigation). The increased litigation activity has caused the insurance industry to take notice and respond. To learn what this means and how companies protect themselves, please read the full post here.
For questions on changes on insurance coverage, please contact Joe Marrow.