Woodruff Sawyer and Company. Insurance Services, Risk Management, Employee Benefits

Articles & Updates

D&O Databox 3Q2010

November 04, 2010

Woodruff-Sawyer & Co. is pleased to present the latest information concerning securities litigation filed against public companies in the United States. The information below comes from the D&O Databox as of September 30, 2010. The D&O Databox tracks securities class action litigation filed against public company issuers and their directors and officers. Settlement figures include amounts paid by issuers, their directors and officers, and insurance carriers. Settlement figures exclude amounts paid in settlement by third party defendants.

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Southern California Long Overdue for Massive Quake on San Andreas Fault

By Jack Cooperman

November 02, 2010

A recent study, conducted by researchers from UC Irvine and Arizona State University, concludes that Southern California is long overdue for a major earthquake along the San Andreas Fault. The San Andreas’s southern segment is 340 miles long and runs from the Salton Sea north to Parkfield. This section for many years was thought to have an earthquake recurrence interval of 140-160 years. The recent study says that the recurrence interval is actually closer to 88 years, on average.

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D&O IPO: Does Your Exit Have a Roadblock Around the Corner?

by Brendan Williams

January 25, 2010

Directors and officers are subject to personal unlimited liability so it is critical to ensure proper D&O coverage is in place well in advance of a liquidity event. A well structured D&O insurance policy will serve to protect the corporation’s balance sheet from unforeseen circumstances or events that might otherwise derail the initial public offering (“IPO”).

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EB Legislation Series: The State of Health Care Reform

January 19, 2010

This series will provide a clear understanding of pending health care legislation, who it affects and how you, the employer, will be directly impacted. Each week two components of the new health care legislation proposals by both the house and the senate will be highlighted. In this issue, the following topics will be addressed:

- Reinsurance for Early Retirees; and
- New W-2 Reporting Requirements and Form 5500 Requirements

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