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Gil Isidro

As many readers will recall, earlier this month I published a guest post in which John McCarrick and Paul Schiavone provided a list of policy terms and conditions they suggested should be revisited as D&O insurers seek to reposition themselves toward profitability. I included my own comments to John and Paul’s article as an appendix to their guest post. Last week, I published a second guest post in which Paul Ferrillo provided his thoughts in response to John and Paul’s article. In the following guest post, Gil Isidro  adds his comments to the dialog. Gil Isidro is Lead Coverage Counsel with Woodruff Sawyer.  Before joining Woodruff last summer, Gil was an attorney with AIG Financial Lines for 14 years, the last few of which were spent overseeing legal support of its management liability division. I would like to thank Gil for allowing me to publish his article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this blog’s readers. Please contact me directly if you would like to submit a guest post. Here is Gil’s article.
Continue Reading Guest Post: You Say You Want a Revolution? Well, You Know… No

Paul Ferrillo

In a recent guest post, industry veterans John McCarrick and Paul Schiavone outlined some policy terms and conditions they suggested D&O insurers may want to address as the insurers try to re-orient toward profitability. In the following guest post, Paul Ferrillo provides his response to John and Paul’s article. Paul is a shareholder in the Greenberg Traurig law firm’s Cybersecurity, Privacy, and Crisis Management Practice. I would like to thank Paul for allowing me to publish his guest post as an article on this site. I welcome guest post submissions from responsible authors on topics of interest to this blog’s readers. Please contact me directly if you would like to submit a guest post. Here is Paul’s article.

Continue Reading Guest Post: Scope of Coverage is Fine – Rate and Claim-Paying are the Keys

brexitThe historic June 23, 2016 vote by a majority of voters for the United Kingdom to leave the European Union has dominated the headlines and roiled financial markets around the world – and for good reason. The U.K.’s withdrawal from the E.U. will have an enormous impact on the U.K itself, on the E.U., and on the rest of the world. Many of the consequences of Brexit will only become apparent as the long process that is about to commence unfolds over the course of the next few years. But while all of the consequences of Brexit will only become fully apparent over time, many of the likely effects can be predicted or at least anticipated now.

Among other things, because the financial services sector is among the industrial segments to which E.U. regulations have most extensively been applied, the financial services sector is among the segments that will be most significantly affected. In the following post, I review some of the ways that Brexit will impact the insurance industry, and discuss the implications for the industry, as well.
Continue Reading What Does the Brexit Vote Mean for the Insurance Industry?

The world of directors and officers liability has long been characterized by rapid change. But even given these well-established dynamics, 2013 was a particularly eventful year, with several different developments that could impact the D&O arena for years to come. The list of the Top Ten D&O Stories of 2013 is set out below with…