How Climate Litigation Is Affecting D&O Liability Insurance

climate litigation is affecting d&o insurance

​​As a result of changes in the climate, various world governments and non-governmental entities have encouraged corporations to reduce carbon emissions. Corporate executives have been increasingly required to disclose information concerning climate change-related risks as some investors are demanding more accountability. Directors who misrepresent or fail to consider climate risks and take appropriate action may…

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Michele Y. Smith Elected President of the International Association of Defense Counsel

​​The International Association of Defense Counsel (IADC) has elected Michele Y. Smith, a shareholder at MehaffyWeber, P.C. in Houston, Texas, as president of the IADC for 2023-24. The announcement was made at the organization’s 2023 Annual Meeting July 14 in Waimea, Hawaii. The IADC is the preeminent invitation-only global legal organization for attorneys who represent…

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Texas Supreme Court Determines Umbrella Policy Coverage Extends Beyond Service Contract Requirements

umbrella policy coverage extends

​​The Texas Supreme Court recently decided an insurance policy interpretation case involving an insurance company’s denial of coverage to a claimant as an additional named insured under an umbrella liability policy. In deciding for the claimant, the Court made it clear the terms of the contract in question will determine what is intended, and those…

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