Articles & Updates - 2007
Trucker Huss Benefits Report
Sun Dec 30 16:36:00 -0800 2007
- IRS Proposes Regulations Regarding Automatic Contribution Arrangements
- IRS Issues 2007 Cumulative List
What to Expect in D&O Pricing Trends
By Priya Cherian Huskins, Esq.
Fri Dec 14 16:35:00 -0800 2007
So far the credit debacle and backdating cases haven't had an immediate impact on the price of Directors & Officers (D&O) liability insurance. The market has remained soft despite some high profile settlements. While companies, and indirectly their boards are reaping the benefit of the soft market, it won't last. History is instructive of this point. This article details how using empirical data can be developed to stabilize costs over time.
10 Considerations for Section 125 Plans
by Milliman Inc.
Wed Dec 12 16:33:00 -0800 2007
The IRS is revising the requirements of Section 125 plans. This white paper addresses 10 key points you'll need to review to ensure that your cafeteria plan is ready.
New Laws for California Employers in 2008
The Daily Recorder
Thu Dec 06 16:32:00 -0800 2007
With the new year comes new legislation. This year the legislature presented Governor Schwarzenegger with a number of work-related bills. Read this article to find out which bills were vetoed and which ones employers will have to comply with starting in January 2008.
Can and Should you Indemnify your In-house Counsel?
By Priya Cherian Huskins, Esq.
Thu Jun 28 16:30:00 -0700 2007
When it comes to indemnification agreements for in-house counsel, an interesting question arises given the ethical duties of attorneys. In particular, is it proper for a California in-house attorney to enter into an indemnification agreement with his or her employer?
Wage-Hour Laws Present Minefields For Unwary Employers
Mon Jun 18 16:25:00 -0700 2007
Pandemic Influenza Risk Management for Employers
A special report from Milliman
Mon Jun 11 11:06:00 -0700 2007
WS&Co. has a relationship with the leading actuarial firm, Milliman. The attached report gives a comprehensive overview of pandemic influenza, and the effects it could have on the workforce and a company's bottom line.
10b5-1 Trading Plans: The Next Stock Option Backdating Scandal?
By Priya Cherian Huskins, Esq.
Wed May 30 11:03:00 -0700 2007
Could abuses of 10b5-1 trading plans become the next corporate governance scandal? This article discusses new research calling into question the legality of certain trades being made under 10b5-1 trading plans.
The Rest of the Story: Directors and Officers Coverage for Independents (Insurance Journal, May 2007)
By Priya Cherian Huskins, Esq.
Sun May 20 10:57:00 -0700 2007
The large out-of-pocket payments made by independent directors of publicly traded firms are enough to make any board member nervous, not to mention their insurance brokers. But is the fear well-founded? Is more liability insurance the best solution? What can brokers do to better serve their clients and help them protect their corporate and personal assets?
Six Ways to Protect Independent Directors (Boardroom Briefings: The D&O Issue, March 2007)
By Priya Cherian Huskins, Esq.
Thu Mar 01 10:51:00 -0800 2007
The second anniversary of the historic out-of-pocket payments by the independent directors of WorldCom and Enron is a good time to re-examine conventional wisdom. There are alternatives to buying ever-larger D&O insurance policies. Priya Cherian Huskins dicusses six of those options in this article.
The Options Scandal and the D&O Insurance Response
By Priya Cherian Huskins, Esq.
Mon Jan 01 10:47:00 -0800 2007
The director and officer liability insurance industry was as surprised as everyone else by the recent options backdating scandal. D&O carriers had never previously considered improper option accounting, and therefore few, if any, D&O policies contained explicit provisions addressing options backdating. Since the scandal first hit, however, D&O insurance carriers have had a chance to assess their exposure, consider their coverage position under the language of existing policies, and determine how they will treat improper option accounting issues going forward. In general, most D&O insurance carriers have been reasonable and evenhanded in their response. This article discusses those the backdating issue and the D&O insurance response.