Wildfires have been increasing in both intensity and frequency, and have become a top concern for underwriters, risk managers, and boards. Fires have severe financial, operational, regulatory and reputational implications, all of which can potentially lead to D&O litigation, specifically event-driven litigation.
As event driven litigation continues to be on the forefront of discussions with our clients, we believe it is crucial to analyze the relationship between wildfires, event driven litigation and D&O litigation. More specifically, our carrier partners are concerned with how much wildfire liability clients are buying.
In this episode of Powered by Marsh FINPRO, host Grace Brighter, AVP FINPRO Placement at Marsh, speaks with Peter Stokes, Partner – Norton Rose Fulbright, about the nuances of event-driven litigation, the specific challenges posed by wildfires, and the types of disclosures most commonly under scrutiny. Additionally, they discuss the strategies companies can employ to mitigate their risks.
Assistant Vice President
United States
Grace Brighter is an Assistant Vice President within Marsh’s FINPRO Placement Team. She is responsible for working with insurance carriers and negotiating competitive coverage for her clients.
Senior Vice President, FINPRO Power & Renewables Leader
United States
Sarah is a Senior Vice President at Marsh where she leads a national team of FINPRO colleagues with specialized expertise in the Energy and Power sector.
Partner, Norton Rose Fulbright
United States
Peter Stokes has spent his entire career representing clients in securities lawsuits, SEC enforcement matters, internal investigations, corporate governance matters, and complex commercial litigation matters.
