Members of association boards must now be on the look-out for certain exclusions to their directors & officers liability policies relating to artificial intelligence. Recently, a large commercial lines insurance company introduced a new “absolute” exclusion to its D&O policies that seeks to eliminate coverage for nearly all claims related to AI-generated content, including using AI-generated content to assist with making complex financial, legal or governance decisions, as well as creating budgets, contracts, declarations, bylaws and more.
American Bar Association Features Blog by Gawthrop Greenwood Attorney
The American Bar Association Journal is featuring a blog co-authored by Gawthrop Greenwood attorney Stephen Olsen.
Procedurally Taxing has been chosen as the blog of the week by the ABA Journal, the flagship magazine of the American Bar Association. The blog covers tax procedure and tax administration developments of interest to practicing lawyers and academics. It is co-authored by Leslie Book, a professor at Villanova University School of Law and T. Keith Fogg, a professor at Harvard Law School, as well as Stephen J. Olsen, who practices tax planning and controversy matters for Gawthrop Greenwood.
