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Insurance Cover Limitations related to Suicide; the Foxconn perspective

With stories of workplace suicide regularly gaining attention in the media in the last few years, such as Orange owner, France Telecom in 2008-9, and Apple iPhone manufacturer Foxconn in China, does insurance offer compensation to surviving families and beneficiaries of suicides? Foxconn, which manufactures electronic and computer parts, has seen a rash of suicides in 2010, with 10 suicides between…

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Judge: Stanford may use insurance funds for defense

U.S. District Judge David Hittner ruled against Lloyd's underwriters and in favor of R. Allen Stanford. Mr. Stanford can now use the Lloyd's of London D & O insurance policies to pay his lawyers during the upcoming January 2011 trial.

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