D & O insurance and indemnification: both are critical to a comprehensive director and officer liability protection program.
SINCE THIS COLUMN'S debut nine years ago, we have regularly written about protecting your personal assets from the costs of litigation by means of well-negotiated directors' and officers' (D & O) liability insurance. A comprehensive protection program should also include indemnification rights in the form of corporate bylaws or...

Directors And Officers Liability Insurance: A Director's Guide.
by Ty R. Sagalow Published by the National Association of Corporate Directors, Washington D.C., 267 pages, $165.00 FROM THE PERSPECTIVE of board members and officers, the most important insurance policy maintained by a company is the directors and officers (D&O) policy. In several situations, a...

Bankruptcy and D&O coverage.
When bankruptcy looms or is in fact filed, board members must reexamine their current coverage. The ramifications of a bankruptcy filing raise significant insurance issues. THERE IS CONCERN in the D&O marketplace that a filing for bankruptcy can detrimentally effect the value of a directors and officers...

Camp Insurance 101.
Understanding the fundamentals of a camp insurance program Camp directors may not always be aware of all the exposures their businesses face. Working with children presents unmatched rewards, but also creates unique risks from the insurance perspective. While camp directors or owners should consult with qualified insurance...

Online Technology Enhances Monitor's New Non-Profit Insurance Program.
ROLLING MEADOWS, Ill., May 1 /PRNewswire/ -- Monitor Liability Managers, Inc., a member company of W.R. Berkley Corporation, today announced the roll out of their new Non-Profit Directors' and Officers' Liability Insurance Program. This program is primarily available through Monitor Online, a system that allows Monitor's distribution...

Vari-L Company Comments on Insurance Company Lawsuit.
DENVER, June 7 /PRNewswire/ -- Vari-L Company, Inc. (OTC: VARL), a leading provider of advanced components for the wireless telecommunications industry, today announced that an insurance company, Agricultural Excess and Surplus Insurance Company, which provides Vari-L with $2.5 million of excess directors and officers liability insurance, has...

Pittsburgh Technology Council Announces Availability of Risk Insurance Through Partnership With Britton-Gallagher.
PITTSBURGH, June 7 /PRNewswire/ -- The Pittsburgh Technology Council has announced that it has entered into a partnership with Britton-Gallagher & Associates as its preferred supplier for property, liability and workers' compensation insurance. Britton-Gallagher and the Council signed an exclusive three-year agreement, which complements the Council's existing...

S&P Affirms Progressive Max Insurance Co. 'AApi' Rating.
NEW YORK, March 6 /PRNewswire/ -- Standard & Poor's today affirmed its double-'Api' financial strength rating on Progressive Max Insurance Co. The rating is based on the company's participation in a reinsurance agreement with an affiliate, Progressive Casualty Insurance Co. (financial strength rating double-'Api'), to...

Nanophase Technologies Announces Tentative Settlement of Remaining Litigation.
ROMEOVILLE, Ill., July 31 /PRNewswire/ -- Nanophase Technologies Corporation (Nasdaq: NANX), a leader in nanomaterials and nanoengineered products, today announced that it has reached an oral agreement in principle to settle the remaining securities class action lawsuit filed against it, certain of its former officers, certain of...

Standard & Poor's Affirms Progressive Casualty, Members 'AApi' Financial Strength Rating.
NEW YORK, March 5 /PRNewswire/ -- Standard & Poor's today affirmed its double-'Api' financial strength rating on Progressive Casualty Insurance Co. and its affiliated pool members. The rating is based on the companies' extremely strong capitalization, good operating performance, and expanding product breath and distribution...