Wrongful Acts News Today

The insured bank was held liable for a "nine-figure" judgment arising out of liabilities it assumed through the acquisition of another bank.

The United States District Court for the Central District of California, applying California law, has held that, based on the initial pleadings, it could not determine in the insurer’s...

Liability insurance policies are typically written on either an “occurrence” basis or a “claims made” basis. Under an occurrence-basis policy, the liability will be covered if the...

The United States District Court for the Northern District of Illinois, applying Illinois law, has held that a registered representative was not performing Professional Services...

The United States District Court for the Northern District of Illinois, applying Illinois law, has held that a registered representative was not performing Professional Services so as...

The Supreme Court has ordered the Royal Thai Army to pay compensation plus interest, in total about 17 million baht, to the family of a junior officer who drowned during training in 2015.

The latest legal buzzword, ESG, represents the environmental, social and governance factors that many corporations are now required to consider and disclose alongside traditional...

On March 16, the Delaware Supreme Court rejected the “fundamentally identical” standard that Delaware courts had previously used as the test for assessing relatedness-based coverage...

As we previously discussed in this blog, in June 2021 the Delaware Superior Court found in First Solar Inc. that there was no coverage under a claims-made policy for a securities action...

Des Moines Mayor Frank Cownie suggested that the city hire a consultant to review police policies, training, and principles.