Ethan D. Lenz, Partner in Foley’s Insurance Industry Team, was quoted in Financial Week on August 11, 2008. The article, “Wave of Subprime Suits Could Boost Cost of D&O,” discusses the impact that class-action lawsuits relating to the credit crisis are having on companies that procure insurance for their board directors and corporate officers. Currently, only banks and financial companies, those who have been hit the hardest by the subprime crisis, are seeing a big rate increases for D&O premiums. Mr. Lenz adds that eventually, the impact will be felt across the board.
People
Related News
03 May 2024
In the News
Jeff Symons’ Move to Foley Featured in Press
Foley & Lardner LLP partner Jeff Symons is featured in legal press for his recent arrival to the firm
03 May 2024
In the News
Nathaniel Lacktman on Healthleaders Podcast– ‘We’re seeing maturity in the telemedicine market’
Foley & Lardner LLP partner Nathaniel Lacktman discussed the upcoming American Telemedicine Association’s annual conference, new developments in telemedicine and digital health, the regulatory context, and the prospects for the industry’s future
02 May 2024
In the News
Jennifer Hennessy on American Privacy Rights Act – ‘This law does have teeth’
Foley & Lardner LLP partner Jennifer Hennessy assesses the prospects of what could be the first federal data privacy law passed in the United States