All the headlines from our Directors Officers Topic Page, ordered by recency.
Mar 12 2012 // Commercial insurance prices increased an aggregate 3 percent during the fourth quarter of 2011, the fourth consecutive quarter during which prices for all standard commercial lines rose.Additionally, earned price increases...
Feb 24 2012 // Like many banks engulfed by the mortgage crisis, First National Bank of Nevada specialized in risky home loans that didn’t require borrowers to prove their incomes. When the housing bubble burst, First National got...
Feb 22 2012 // U.S. corporations asked the government to explain what it considers a bribe of a foreign official, saying the lack of clarity has had a chilling effect on business.The Chamber of Commerce and dozens of other trade groups...
Feb 8 2012 // Beazley Group plc has introduced Beazley Bridge, a product that will allow U.S. multinational companies to cover executives outside the country through a single contract.The single policy will protect directors and...
Feb 6 2012 // U.S. commercial insurance rates are expected to climb across many lines of business in 2012, continuing a trend that began in the second half of 2011, according to a report by insurance broker Marsh.Substantial catastrophe...
Jan 25 2012 // U.S. commercial insurance rates are expected to climb across many lines of business in 2012, continuing a trend that began in the second half of 2011, according to a report by insurance broker Marsh.Substantial catastrophe...
Jan 23 2012 // The risk of lawsuits against senior executives has long been a major concern for businesses in the United States. But in the last few years it has become a much more serious global exposure as well.The international legal...
Dec 14 2011 // The liability risks facing company directors and officers are intensifying in the wake of the economic crisis. At the head of the list are “regulatory investigations and enquiries,” which pose the greatest...
Dec 5 2011 // London-based specialist underwriting agency DUAL Corporate Risks announced that it has entered into a strategic partnership with Aspen Managing Agency Limited (Syndicate 4711) and Pembroke Managing Agency Limited...
Dec 5 2011 // It will take years before the tight-knit community at Penn State University can put its horrendous scandal behind. This awful event is a reminder of just how important risk management can be. It behooves Penn State (and...
Dec 5 2011 // Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked. This “strongly suggests” that an eight-year period of...
Nov 16 2011 // Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked.This “strongly suggests” that an eight-year period of...
Nov 14 2011 // Just days after the collapse of MF Global, a healthcare plaintiffs’ lawyer registered the domain mfglobal-lawsuit.com — a sign of the legal business the brokerage’s failure is expected to generate.Timothy...
Oct 3 2011 // Two developments in the marine market have combined to create a tantalizing opportunity for wholesale brokers and managing general agents (MGAs) to serve the marine marketplace. While marine revenues remain fairly flat,...
Sep 27 2011 // Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, has appointed Guy Williams as Head of Directors & Officers and Financial Institutions (D&O/FI).He is an experienced...
Sep 6 2011 // Insurance Noodle, part of Willis North America, a unit of Willis Group Holdings, has added has added the management and professional liability products of ACE Commercial Risk Services to the offerings of its online quoting...
Aug 1 2011 // Housing and Recovery“Ensuring that residents, and especially families, have access to adequate, affordable housing is a critical part of that recovery process.” —Missouri Gov. Jay Nixon, announcing plans to...
Aug 1 2011 // With executives from News Corp., the media giant owned by Rupert Murdoch, and some of its subsidiaries heading for the exits, legal bills from the phone-hacking scandal rocking the company are no doubt stacking up. But...
Jul 20 2011 // With executives from News Corp. and some of its subsidiaries heading for the exits, legal bills from the phone-hacking scandal rocking the company are no doubt stacking up.But depending on the companies’ directors...
Jul 12 2011 // Marsh has created a new form of insurance protection designed to provide coverage for Foreign Corrupt Practices Act (FCPA) investigations.Developed by Marsh’s Financial and Professional Liability Practice (FINPRO),...