Company Relocation Services

E*Trade Settles Subprime Securities Suit for $79 Million

From The D & O Diary, 5 month ago, Read 0 times. Similar articles

E*Trade Financial Corporation has reached an agreement in principle to settle the subprime-related securities class action lawsuit pending against the company and certain of its directors and officers, the company reported in its December 21, 2011 filing on Form 8-K. The agreement calls for the company and its D&O insurance carriers to pay a total of $79 million, of which the company’s portion is approximately $10.75 million. The agreement is subject to court approval. ? As... Read more

Interresting ? 0

How to Choose the Right Life Insurance Company

From Life Insure, 7 month ago, Read 0 times. Similar articles

When you get quotes for life insurance from your local agent or from a life insurance quote website, how do you know which life insurance company to choose'? On the LifeInsure.com website, for instance, you might see quotes from 6-10 life insurance companies on the quote page.? Should you select the least expensive quote or one from a company name you are familiar with' We always recommend selecting the least expensive quote from an A-Rated (or higher) life insurance company.?? All term life... Read more

Interresting ? 0

New Year's Filings Pick Up Where Last Year's Left Off with New Lawsuit Against U.S.-Listed Chinese Company

From The D & O Diary, 4 month ago, Read 1 times. Similar articles

Securities class action lawsuit filing activity seems to have picked right up in the New Year where last year’s filings left off, as what appears to be the first filed case of 2012 involves a U.S.-listed Chinese company. Camelot Information Systems, a Chinese-based company whose American Depositary Shares (ADS) trade on the NYSE, and certain of its directors and officers have been sued in a securities class action lawsuit dated January 5, 2012. A copy of the plaintiff’s complaint... Read more

Interresting ? 0

Why life insurance companies don't go broke'

From The Life Insurance Blog, 6 month ago, Read 0 times. Similar articles

Insightful question received from a reader… Q I would love to buy life insurance but I have one concern. If insurers cover you until you are 100 years old, there's a 100% chance the insurance company will have to pay you the amount you are covered for. I have put together a spreadsheet with a $30/month payment and interest at 8% pa. I could not save even $250,000 in 50 years, whereas if I die, the insurance company would have to pay out $420,000 – the amount I covered myself... Read more

Interresting ? 0

A Status Update on the Subprime and Credit Crisis-Related Litigation

From The D & O Diary, 4 month ago, Read 0 times. Similar articles

Back in February 2007, when investors in New Century Financial Corporation filed a securities class action lawsuit against the company and certain of its directors and officers, there was little reason to suspect at the time that problems at the company represented the leading edge of a looming financial crisis or that the case itself was the first lawsuit in what ultimately grew to become a mountain of subprime and credit crisis-related litigation. But even now, five years later, the... Read more

Interresting ? 0

?Legal Corner: Insurance Recovery for Loss or Liability Arising from Cyberattacks; Obtain and preserve insurance for your company's protection'

From Corporate Insurance Blog, 7 month ago, Read 0 times. Similar articles

My colleague, Ken Trotter, and I recently wrote an article titled, ?Insurance Recovery for Loss or Liability Arising from Cyberattacks; Obtain and preserve insurance for your company's protection.?? The article is reprinted below, courtesy of and permission from, the fine people at Hospitality Upgrade magazine: Scott?Godes ?godess@dicksteinshapiro.com Kenneth?Trotter ?trotterk@dicksteinshapiro.com ? 2011 Hospitality Upgrade. No reproduction [...] Read more

Interresting ? 0

Would your company's insurance cover a cyberattack'

From Corporate Insurance Blog, 6 month ago, Read 0 times. Similar articles

On October 27, 2011, CNN.com posted: A massive cyberattack that led to a vulnerability in RSA’s SecurID tags earlier this year also victimized Google, Facebook, Microsoft and many other big-named companies, according to a new analysis released this week. The Krebs On Security blog posted: Security experts have said that RSA wasn't the only corporation [...] Read more

Interresting ? 0

Other Car & Auto Insurance Information for Boise Idaho

From Idaho Insurance Blog, 5 month ago, Read 0 times. Similar articles

Car and Auto Insurance Boise If your looking for cheap auto insurance quotes you should also find out what discounts are available to you. Each company will have their own discount programs and you may be pleasantly surprised if you qualify for one. After the user gets the quotes there is one more step to complete before purchasing a policy. You may be tempted to simply choose the policy that offers you the bottom rate, but take another minute and check it out a good look at the organization... Read more

Interresting ? 0

... and Sometimes the Bar Eats You

From Coverage Counsel, 5 month ago, Read 0 times. Similar articles

CGL ? 62-DAY LATE NOTICE ? 33-DAY UNTIMELY DISCLAIMER Tower Ins. Co. of N.Y. v. NHT Owners LLC (1st Dept., decided 12/20/2011) Those of you who read the advance sheets know that Tower Insurance Company has successfully defended many late notice disclaimers, especially in the Appellate Division, First Department, where Tower is headquartered.? Reporting delays of 3 months, 5 months, 5 months, 7 months, 9 months, and?9 months to Tower have been ruled unreasonable as a matter of law,... Read more

Interresting ? 0

Black Boxes will Revolutionize Insurance

From Risk(y) Business , 5 month ago, Read 0 times. Similar articles

Commerical Airplanes have "black boxes"? to tell the company how pilots are flying and also help put together the story?after a misfortunate crash. This technology is now being moved into automobiles and the insurance companies are taking advantage of it. Using the monthly reports that the black boxes send to the companies, car insurance policy holders are charged premiums based on driving habits of the owner. Is this right' Many people think that this is an invasion of privacy, while... Read more

Interresting ? 0