Mitrovic Consulting

With today's discussions about developing new and advanced nuclear energy facilities to support the extraordinary power demands of artificial intelligence and the military, perhaps we should look back at the adverse loss development that accompanied the nuclear buildout of the late 1970s and 1980s. Three Mile Island in Pennsylvania in 1979 and Chernobyl in Ukraine in 1986 fundamentally changed the risk environment surrounding nuclear power. The consequences extended well beyo

In the late 70’s and early 80’s, the public company Directors and Officers (“D&O”) policy was still very much a developing product. It was never intended to be an airtight contract replete with exclusions, nor was it a model of clarity or a poster child for litigation certainty. It had a D&O Side A coverage part that covered alleged wrongful acts of directors and officers not indemnifiable under the corporate by-laws of the company that employed them. Where the alleged wrong

How many times have you found yourself in a compromising coverage dispute because of advice from counsel that causes huge reputational damage, gives competitors something to market against you, and ultimately impacts market penetration in a book of business, the way policies are priced, and the scope of coverage? For example, Directors & Officers (“D&O”) public company insurance has gone through an evolution since 1990 that has led to unfavorable results for the public compan