Latest Directors Officers Headlines

All the headlines from our Directors Officers Topic Page, ordered by recency.

Community Associations Grow by Number and Exposure

Aug 14 2012 // In 2011, more than 62 million people lived in residential homes governed by a community association, including homeowners associations, condominiums, cooperatives and other planned communities. According to the Community...

Willis Warns Directors of Risks in Serving on Boards

Aug 7 2012 // “Increased regulatory, shareholder and media scrutiny combined with volatility in the global economy means that serving on the board of a company has never been so risky,” according to a report from Willis...

Willis Warns Directors D&O Policies May Not Cover Some Cyber Risks

Aug 6 2012 // Willis Group Holdings latest Executive Risks Boardroom Guide warns that, as the online universe expands it has “introduced new financial risks that may not be covered under general and professional liability...

Community Associations Grow by Number and Exposure

Aug 6 2012 // In 2011, more than 62 million people lived in residential homes governed by a community association, including homeowners associations, condominiums, cooperatives and other planned communities. According to the Community...

The Libor Scandal – an Ongoing Major Catastrophe

Aug 1 2012 // The scope of the investigations that are unfolding in the wake of the charges against Barclay’s Bank that it rigged the London Interbank Offered Rate (Libor) have taken on the proportions of a major...

Navigators Launches Worldwide Side A D&O Policy

Jul 18 2012 // The Navigators Group, Inc.’s Navigators Pro division has introduced Side A Global InNAVation, a directors and officers (D&O) liability policy to address emerging global risks. This new policy offers dedicated...

Facebook Fiasco Disrupting IPO Insurance Market

Jul 2 2012 // The Facebook initial public offering (IPO) fallout has started and its effects are being felt in the area of directors and officers insurance coverage for future social media IPOs.“D&O underwriters will view...

Public Companies Underestimate Risk of D&O Lawsuit: Survey

Jul 2 2012 // Despite the odds that public companies and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent believe this is unlikely.“This general lack of...

Facebook Fiasco, ‘Blank Check’ Companies Disrupt IPO Insurance Market

Jun 21 2012 // The Facebook initial public offering (IPO) fallout is just getting started, but its effects are already being felt in the insurance community when it comes to covering directors and officers for future social media...

Public Companies Underestimate Risk of Directors and Officers Lawsuit: Survey

Jun 18 2012 // Public company executives may be in for a surprise lawsuit. Despite the odds that they and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent...

Why Purchase Side ‘A’ Directors & Officers Liability Coverage?

Jun 18 2012 // Our clients sometimes ask why they should purchase side “A” directors and officers (D&O) liability coverage to protect their directors and officers from lawsuits when they are already providing broad...

Willis Publishes D&O Dictionary

May 25 2012 // Willis North America, a unit of Willis Group Holdings, has published its Directors and Officers Liability (D&O) Insurance Dictionary, offering firms an overview of terms that are likely to be used in describing their...

Willis’ DARCstar D&O Program Marks First Year with New Offerings

May 18 2012 // To mark the anniversary, May 18, 2012, of its DARCstar Directors & Officers (D&O) insurance coverage, Willis Group Holdings has introduced a new improved version of the form, and has launched two new products in...

ACE Adds Preferred Securities Panel Option to D&O Policies

May 7 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has enhanced its directors & officers liability policy with a non-mandatory panel counsel option. The ACE Preferred Securities Panel consists of law...

D&O Liability Rates Firmed in First Quarter: Marsh

Apr 26 2012 // Rates for directors and officers’ (D&O) liability insurance appear to be firming, having risen only 1.5 percent in the first quarter.According to a benchmark report from insurance broker Marsh, that 1.5 percent...

Washington Mutual Sues Its D&O Insurers

Apr 16 2012 // Washington Mutual Inc. recently filed a lawsuit against a dozen insurance companies that had provided directors’ and officers’ coverage. The troubled bank holding company that just completed its Chapter 11...

Securities Fraud Settlements in 2011 Were Lowest in Decade

Apr 2 2012 // Angry investors are seeing far fewer financial benefits from lawsuits accusing corporate America of securities fraud, but may be on the cusp of a turnaround.The number and size of securities fraud settlements that won...

Why Board Members Need Community Association D&O Liability

Apr 2 2012 // Community associations present a unique set of challenges to insurance brokers. Education is a key component to understanding these challenges and it is the insurance broker’s job to educate and explain the types of...

XL Insurance Operations Enhances ‘Side A’ D&O Coverage

Mar 30 2012 // XL Insurance has enhanced its broad form “Side A” D&O Coverage on an excess difference in conditions basis. It provides an additional limit of liability for independent directors, defense costs coverage for...

Washington Mutual Sues Its D&O Insurers, Seeks Up to $250M

Mar 26 2012 // Washington Mutual Inc. recently filed a lawsuit against a dozen insurance companies that had provided directors’ and officers’ coverage. The troubled bank holding company that just completed its Chapter 11...