Aon | Financial Services Group
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The cases of interest this quarter include cases interpreting the “bump up” provision in the directors’ and officers’ liability policy, which has been a contentious issue. We also review cases regarding related acts, another topic with continuing legal developments. We also address several cases involving SPACs, and cases dealing with notice issues and various policy exclusions. We also review a duty of oversight case that applies the concept to corporate officers, not just directors. And we review cases under the Illinois Biometric Privacy Act.
The Q1 2023 Legal & Claims Quarterly Review is available here.
Aon is not a law firm or accounting firm and does not provide legal, financial or tax advice. Any commentary provided is based solely on Aon’s experience as insurance practitioners. We recommend that you consult with your own legal, financial and/or tax advisors on any commentary provided by Aon. The information contained in this document and the statements expressed are of a general nature and are not intended to address the circumstances of any particular individual or entity.