Corporate Governance

ESG On The Carpet

Dark image of a man in a suit sitting with his hands crossed at a table, before a not quite visible person across from him who seemingly is being called to account.

The Environmental, Social, and Governance (ESG) movement has produced “an opaque and perverse system in which some financial companies no longer make decisions in […]

New Delaware Law Enables Executive “Exculpation” Clause

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Per recent amendments to the state’s General Corporation Law, Delaware corporations are now allowed to adopt an exculpation provision for corporate officers in their […]

Time To End The Taboo On “Worst-Case” Climate Scenarios

Sketch illustration of a lecturer pointing to what looks like a white chalk rendering of a globe on a blackboard.

A post in the online publication Inside Climate News suggests it’s time for scientists and others, including politicians and risk managers, to quit walking […]

AI Cure For ESG Woes Can Be Worse Than The Disease

Metallic renditon if a guy's head with the top sheared off and smoke coming out of it.

Artificial intelligence is widely regarded in the financial industry as the only realistic solution to the massive compliance burden of ESG (environmental, social & […]

What’s Driving Today’s Hefty D&O Claims?

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Historically, securities class actions have been a major driver of directors and officers insurance claims, and the number of such cases actually fell last […]

Global Insurer: Looming Civil Unrest Is Bigger Threat Than Terrorism

Night scene: demonstrating crowd in the street.

Businesses worldwide should prepare for a rise in civil unrest, according to a post from Allianz Global Corporate & Specialty (AGCS). Civil unrest “increasingly […]

Is An SEC “Greenwashing” Charge Covered By D&O Insurance?

Illustration of toy wood house with green-leaved wood block trees around it.

So-called ESG initiatives are good PR for the company and good for the world, most would agree. They can  also reduce risk, so much […]

When Does GC “Stewardship” Become Abuse Coverup?

Man wearing suit with bag over his head, shrugging as if he is clueless.

A list of accused sexual predators within the Southern Baptist Convention, the largest Protestant denomination in the U.S., was compiled at the request of […]

Board Diversity Mandates Hits A Wall In CA.

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Two recent court cases have dealt a blow to efforts in California to enhance diversity in corporate governance. A post by attorney Jennifer B. […]

SEC Climate-Risk Proposal Will Face Major Challenges

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The Securities and Exchange Commission has proposed that public companies be required to provide extensive information about how company operations and products may impact […]