Legal Developments and Emerging Risks in the D&O Market

Greg Shields appreciated the generous offer to contribute a guest blog article to the widely-followed Recovery Partners Blog.  Please see introduction from Alex Jurshevski at Recovery Partners and the link to the article below. In this latest blog posting, Recovery Partners welcomes a contribution from Greg Shields, an Insurance Profes...
Posted: 2/28/2011 12:00:00 AM by Global Administrator

Canadian Directors’ and Officers’ Liability Insurance (D&O) and the Recent IMAX Decision

Canada is seeing a material change in home-grown D&O loss experience. On Valentines day we saw a new decision in the first case to be brought under Ontario’s new, at the time, “Bill 198”, aka, part XXIII.1 of the Ontario Securities Act (the “Act”), section 138.3, which provides a statutory cause of act...
Posted: 2/22/2011 12:00:00 AM by Global Administrator

D&O Liability and Governance Discussion Points:

XBRL:Many directors and officers know nothing about the SEC deadline, of June 15, 2011, for foreign private issuers (XBRL.ca, here, says there are 350 in Canada) to meet interactive data reporting requirements (explanation of XBRL, here). I have not been able to develop an opinion on the potential ramifications of XBRL on Canadian gove...
Posted: 2/18/2011 12:00:00 AM by Global Administrator

Theft of Company Documents: Employment Practices Liability (EPL) – A Loss Control Opportunity

I don’t like to post US case law, but this situation presents a good loss control opportunity for Canadian companies. This decision, reached on December 2, 2010, is an interesting EPL case. In Joyce Quinlan v. Curtiss-Wright Corporation, the New Jersey Supreme Court found that an employee (even the Executive Directors of HR) can search for...
Posted: 2/8/2011 12:00:00 AM by Global Administrator

Mitchell Sandham Provides Safety Tips in Advance of Storm

Travel with a vehicle emergency kit in anticipation of extreme weatherEnvironment Canada has issued a storm watch across areas of Ontario for today and tomorrow. In anticipation of this we are proactively reminding our clients to stay safe while driving and to ensure they have taken proper precautions within their homes as well.Below is a l...
Posted: 2/1/2011 12:00:00 AM by Global Administrator

Blog posts

Tags

-, &, (British, (Supreme, :, 168, 198, 31-103, 41-101, 41-103, 45-102, 45-106, 51-102, 51-106, 52-109, 65, A, AB, Accident, Accountant, accountant’s, Acquisitions, Act, action, adequacy, Adequate, Advice, advisor, Advisors, Aggregate, aHead, Al, Allocation, amendments, AML, and, anti-bribery, anti-money, Appeal), arbitration, Articles, asked, asset, Attacks, auditor, Auto, Aviva, Avoiding, awareness, backup, Bank, bankruptcy, Banks, bcca, benchmarking, Benefits, Bill, Bond, breach, Breaches, Bribery, Brito, broadband, Broker, Brokerage, Brokers, Business, Bylaws, BYOD, C-28, c-45, Canac, Canada, Canada), Canadian, Car, care, Cars, case, cause, CBC, certification, CFPOA, CGL, Chartis, CI, City, claim, Claims, class, clients, Collar, Collections, Columbia, Commercial, commmunications, Community, company, Competition, Compliance, conditions, Conference, consumer, Continuity, contract, Contractors, Contractual, Control, Corporate, Corruption, Costs, Cottage, Court, Coverage, coverages, Crime, Crime , Cromwell, CSA, CSPE, Curruption, Cyber, CyberRisk, Cyber-Security, D&O, Damage, DANDO, Data, Dealers, Decision, decisions, defence, Defend, Designers, DesignThinkers, Director, Directors, directors’, Directorship, disclosure, dishonesty, dismissal, driving, Duties, duty, E&O, eando, election, Elite, Embezzlement, EMD, employee, Employment, Energy, enough, Entity, EPL, Errors, example, Examples, Excess, Executive, Executives, exempt, Extortion, Facie, FCPA, FIB, fidelity, fiduciary, Financial, fines, Fischer, Flooding, Follow-Form, for, franchise, Franchisor, Fraud, fund, Funding, Funds, Game, gatekeepers’, General, Governance, Graphic, Greg, Griffiths, Growth, Hacking, Head, health, high, Home, Homes, Housing, How, HR, human, IBC, Identity, IFRS, IG, IMAX, in, Indemnification, Independent, indeterminate, Individuals, Information, Injury, Insider, Institution, Institutions, Insurance, investigation, investigations, Investment, irectors’, is, IT, J, Jobs, jolian, K&R, Karigar, Kevin, Kidnap, Kitchen, LaCroix, laundering, lawyers, Layering, Learn, Liability, limit, limits, lines, Litigation, long, Long-Term, look, Loss, M&A, Magazine, Managament, Management, Managers, Mansions, market, Media, mediation, Mergers, misrepresentation, Mitchell, month, Morrison, Mortgage, MTO, much, mutual, National, negligence, net, Network, new, News, NI, Niko, Non, notice, occupational, Occupy, Occurrence, ODL, of, officer, Officers, officers’, Offices, OHSA, Omissions, Ontario, OSC, Outside, PanamaPapers, Partners, Payments, PCMLTFA, penalties, Pennyfeather, Pension, Personal, Physician, Piercing, PIPEDA, Plan, PlatinumPro, policy, Practices, premiums, Presumptive, Prevention, pricing, Prima, Priority, Privacy, Private, products, Professional, Profit, program, Properties, Property, proposed, prospectus, Prosperity, Protection, protections, Ransom, reasonable, receivership, Recovery, Registered, regulatory, Reputation, Reputational, rescission, resident, Resources, restoration, Retail, review, RGD, Rgesitered, Risk, Rosen, rules, Ryan, SABS, Safety, sandham, scc, Seasonal, secondary, Secruity, Secuirty, securities, securitized, Security, Service, Severability, sewer, Share, Sherbourne's, Shields, Side, Silver, sino-forest, Small, SNC, SNC-Lavalin, Social, Society, Solar, solicitor-client, Sponsor, Ssndham, statistics, Statutory, Stores, storm, Subsidy, Supplier, Support, Supreme, Tagged:, tail, the, theft, Threats, Timminco, Tips, tires, to, Top, Toronto, Trading, trapeze, trust, tsx, UK, Uninsured, unique, v., Valuable, Valued, vehicle, veil, watch, Water, Whistleblowing, White, Wiki, Willis, Wine, Winter, within, without, worth, wrongful, XBRL