Archive for October 2019
CAC Mentioned in Business Insurance
CAC Specialty was recently recognized by Business Insurance. Several insurers and brokers attending the Insurance Leadership Forum in Colorado Springs, Colorado, last week were launching and promoting new strategies and services to executives at the meeting. Recently launched units, expansion of underwriting areas and efforts to streamline business processes were all discussed during private meetings…
Read MoreCAC Specialty Announces Financial Sponsors Group
CAC Specialty today announced its newly-formed Financial Sponsors Group (“FSG”), a dedicated team providing insurance and capital market solutions to the private equity community. “We couldn’t be more excited to launch FSG,” said Mike Rice, CAC Specialty’s CEO. “We are fully committed to bringing together the best talent in the industry to serve our financial…
Read MoreNews and Views Newsletter: Oct, 2019
Contents include: Appraisal actions are ‘securities claims’ under D&O policies No coverage for class action alleging ‘related wrongful acts’ D&O policy’s bankruptcy exclusion is a prohibited ipso facto clause Fifth Circuit rules securities exclusion bars coverage for sellers’ alleged misrepresentations D&O coverage precluded by health care exclusion and related wrongful acts Delaware supreme court reverses…
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