All the headlines from our Directors Officers Topic Page, ordered by recency.
Jan 14 2010 // CNA and Victor O. Schinnerer & Co., Inc. are ending their carrier and managing general underwriter relationship in the non-profit directors and officers (D&O) program. The split, which the firms said is amicable,...
Dec 10 2009 // Property, casualty and directors’ and officers’ (D&O) liability insurance rates will continue to stabilize in 2010, according to Aon Corp.’s U.S. Q3 ’09 Quarterly Market Overview.Highlights of...
Dec 6 2009 // In what may be a watershed event for the directors and officers (D&O) insurance industry, the parties to the consolidated federal options backdating-related shareholders’ derivative lawsuit involving Broadcom...
Nov 25 2009 // Allen Stanford, who faces U.S. criminal and civil charges for allegedly leading a $7 billion Ponzi scheme, is suing Lloyd’s of London for defense costs.Lloyd’s had advanced some legal fees under a directors and...
Nov 1 2009 // Analysts Forecast Healthy Q3 Reports from Insurers promised the headline on Insurance Journal Oct.22. Reuters was reporting that third-quarter earnings reports from insurers would look a lot better than they did a year ago...
Nov 1 2009 // This soft market is likely to linger into the New Year.Analysts Forecast Healthy Q3 Reports from Insurers” promised the headline on Insurance Journal‘s Web site, www.insurancejournal.com, on Oct.22. Reuters...
Nov 1 2009 // Analysts Forecast Healthy Q3 Reports from Insurers promised the headline on Insurance Journal Oct.22. Reuters was reporting that third-quarter earnings reports from insurers would look a lot better than they did a year ago...
Nov 1 2009 // Due to constantly evolving financial and litigation environments, the issues that are most critical in the world of directors’ and officers’ liability insurance vary significantly over time. This overview...
Oct 29 2009 // According to a bulletin from Marsh’s London office the “increase in the number of companies considering an initial public offering (IPO) or general capital raising is behind a surge in interest in taking out...
Oct 22 2009 // Economists have declared the Great Recession over, but its lingering effects will continue to chip away at commercial property/ casualty premiums through 2010, according to insurance experts.A new Advisen Ltd. briefing...
Oct 22 2009 // Marsh’s London office announced that it has launched a new Directors’ and Officers’ (D&O) liability diagnostic tool for private companies domiciled in the UK. “The service is free to clients...
Oct 13 2009 // Financier Allen Stanford and other executives who face charges related to an alleged $7 billion fraud may file claims for defense funds under a directors’ and officers’ insurance policy, a federal judge said...
Oct 6 2009 // California insurance agency Woodruff-Sawyer & Co. has acquired the Western region direct practice of Carpenter Moore from NASDAQ OMX Group Inc., according to the company.The Western region direct practice, based in...
Oct 5 2009 // Lloyd’s of London has told a federal judge he should not allocate the proceeds of a directors and officers insurance policy for accused swindler Allen Stanford and other executives because they have no guarantee of...
Sep 15 2009 // Lloyd’s of London said a federal judge should not allocate the proceeds of a directors and officers insurance policy for accused swindler Allen Stanford and other executives because they have no guarantee of...
Sep 14 2009 // A new survey by Willis concludes that “the commercial sector continues to resist the sharp rate increases for Directors & Officers insurance seen in the financial institutions sector, with the average premium...
Sep 9 2009 // According to Aon’s Quarterly D&O Pricing Index, “US financial institutions (FI) saw premium increases of 15 percent on average in Q2,” as did a number of the UK’s financial institutions....
Aug 27 2009 // Travelers Bond & Financial Products is now offering Network and Information Security Offense coverage endorsements on its Wrap+ policies. These endorsements are available for eligible policyholders in targeted private...
Jul 20 2009 // Most reasonably sophisticated consumers understand that the cheapest running shoes may be no bargain, that the least expensive cellular plan may have big gaps, and that selecting legal counsel based on which attorney...
Jul 20 2009 // Most reasonably sophisticated consumers understand that the cheapest running shoes may be no bargain, that the least expensive cellular plan may have big gaps, and that selecting legal counsel based on which attorney...