Every quarter, our management liability team shares noteworthy trends and emerging issues to help US-based companies make decisions to manage their risks. In this issue, we look ahead to the directors and officers (D&O) liability, employment practices/wage and hour liability, fiduciary liability, and kidnap, ransom, and extortion risks that organizations are expected to face in 2025.
Our Q4 2024 issue focuses on:
- D&O updates on understanding and mitigating the complex risks associated with AI, regulatory changes, climate strategies, cybersecurity threats, and shareholder activism.
- The implications of recent judicial rulings and new regulations for employment practices liability, particularly regarding the integration of AI in hiring, emerging pay transparency laws, and the implications of recent Supreme Court rulings on workplace discrimination.
- For the fiduciary liability group, organizations face increasing challenges under ERISA, including lawsuits over the handling of plan forfeitures, healthcare plan fees, cybersecurity measures, pension risk transfers, and tobacco surcharges.
- Related to kidnap, ransom, and extortion, organizations must identify and mitigate evolving risks, including potential changes in US policies under the incoming administration, increasing threats against organizations, a rise in attacks on AI systems, shifting geopolitical dynamics, and the need for enhanced safety measures for executives in light of recent events.