Extract to table

Effective October 2, 2023, the SEC's final rules implementing Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Rule 10D-1) require listed companies to adopt and comply with clawback policies mandating the recovery of erroneously awarded incentive-based compensation received by current and former executive officers during the three completed fiscal years immediately preceding the date on which the company is required to prepare an accounting restatement

As noted, until there is a final adjudication of fraud, the insurer generally must advance defense costs subject to a reservation of rights