I am pleased to publish below a guest post from Rhonda Prussack, Executive Vice President and Product Manager, Fiduciary Liability, for Chartis, and her colleague at Chartis, Larry Fine, Global Head Professional Liability Claims, Financial Lines Claims. Rhonda’s and Larry’s guest post is written in response to a recent guest post on this blog about the
The Travel Issue: Berlin Edition
The D&O Diary’s European itinerary continued this past weekend with a brief visit to Berlin, Germany’s capital and largest city. With a population of about 3.4 million within its city limits, Berlin is nearly as large as Los Angeles. It is, these days, a lively and dynamic city. It is also in many ways a
The Travel Issue: Munich Edition
The D&O Diary was on assignment in Europe this past week, with the first stop in Munich for a series of meetings with my friends at Munich Re and their global insurance company clients. My visit to Munich not only coincided with Oktoberfest, but also with the Day of German Unity (Tag der Deutschen
About the $2.43 Billion BofA/ Merrill Lynch Merger Securities Suit Settlement
In what is by far the largest settlement of a credit crisis-related securities class action lawsuit, Bank of America has agreed to pay $2.43 billion to settle the suit filed against the company and certain of its directors and officers in connection with the bank’s financial crisis-driven acquisition of Merrill Lynch. The settlement is subject