February 2022 - Oakwood D&O Insurance

Investors Continue to See the Benefits of SPAC Mergers

February 28, 2022

According to Bloomberg research data, the recent flood of special purpose acquisition companies (SPACs) has propelled private businesses onto U.S. stock markets, allowing them to avoid the complexities of traditional initial public offerings (IPOs). However, as with any type of merger, it is important to consider all the potential risks and outcomes, and to plan […]

Self-Insured Retention in a D&O Policy: What Is It and How Does It Work?

February 15, 2022

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Self-insured retention (SIR) is a provision in a liability policy that states a specific dollar amount in the insurance contract. In the event of a covered claim, this amount must be paid first by the insured, prior to the insurance company payout. Once a policy’s SIR limit has been met, the insurance company will respond […]