Can a D&O policy refuse to pay even when the director is innocent?
In M/s. Capri Global Capital Ltd. v. United India Insurance Co. Ltd., decided by the NCDRC on 22 July 2026, a non-banking finance company claimed $100,000 in legal expenses incurred defending its directors against a CBI prosecution. The directors were ultimately discharged in 2017. The expenses were real, supported by bank transfers and payment vouchers. […]
Can an insured approach an excess insurer before the insurance underneath it is exhausted?
A recent decision by the California Supreme Court provides an interesting answer.The case involved Fox Paine & Company, an investment firm whose founders became involved in a long-running legal dispute. The litigation generated substantial legal costs, leading the parties to seek coverage under a US$50 million insurance program, made up of a primary policy and several excess […]
The rise of the “Boss Scam” and what organisations should know
The rise of the “Boss Scam” and what organisations should know. Trust has become one of the most exploited vulnerabilities in cybersecurity. The Ministry of Home Affairs has recently warned organisations about the rise of te “Boss Scam”, a form of cyber fraud where criminals impersonate CEOs, senior executives, regulators, or government officials to manipulate […]
Liability insurance now begins at home
Our blog simplifies insurance by providing clear and concise information on various types, including auto, home,…
