All the headlines from our Directors Officers Topic Page, ordered by recency.
Jan 21 2009 // Insurance premiums for businesses continued a five-year trend of falling rates during the fourth quarter of 2008, but recent data suggest a reversal of this trend may soon be underway.Rates for property, general liability,...
Jan 11 2009 // On Nov. 5, 2008, the insurance information firm Advisen issued an updated forecast of insurance losses likely to arise from the credit crisis, estimating aggregate directors and officers (D&O), and errors and...
Jan 5 2009 // 2008 can be described as a year like no other in the property/casualty insurance world. This year we saw the near death of the world’s largest and most successful insurance company, AIG. The soft market continued to...
Dec 21 2008 // 2008 can be described as a year like no other in the property/casualty insurance world. This year, the industry witnessed the near death of the world’s largest and most successful insurance company, AIG. The soft...
Nov 30 2008 // The growing wave of subprime-related litigation is among the many side effects of the subprime mortgage meltdown. The litigation wave has changed, too, as the subprime crisis evolved during the past two years and as new...
Nov 30 2008 // On Nov. 5, 2008, the insurance information firm Advisen issued an updated forecast of insurance losses likely to arise from the credit crisis. Advisen is now estimating aggregate directors and officers, and errors and...
Nov 30 2008 // On Nov. 5, 2008, the insurance information firm Advisen issued an updated forecast of insurance losses likely to arise from the credit crisis. Advisen is now estimating aggregate directors and officers, and errors and...
Nov 2 2008 // The growing wave of subprime-related litigation is among the many side effects of the subprime mortgage meltdown. The litigation wave has changed, too, as the subprime crisis evolved during the past two years and as new...
Nov 2 2008 // The growing wave of subprime-related litigation is among the many side effects of the subprime mortgage meltdown. The litigation wave has changed, too, as the subprime crisis evolved during the past two years and as new...
Nov 2 2008 // More lawsuits and firmer rates for directors and officers liability coverage are almost certainly ahead as a result of the global financial crisis, which is likely to hit insurers especially hard. Given this, what are the...
Nov 2 2008 // At last year’s PLUS conference, who among us would have ever predicted the current financial market upheaval? Certainly the subprime mortgage crisis was a key discussion topic, but it is safe to say that anyone who...
Oct 23 2008 // Companies of all sizes are vulnerable to potentially devastating management, employment and fiduciary liability lawsuits. Even claims filed without merit can result in defense expenses that are financially draining....
Oct 22 2008 // The U.S. property/ casualty industry’s reported statutory surplus at the end of the third quarter is projected to decline as much as $42 billion, or 8 percent, from the beginning of the year, according to estimates...
Oct 17 2008 // ACE Europe announced that it has extended broker access to its market-leading Directors & Officers (D&O) portfolio by writing commercial D&O risks at Lloyd’s.Commercial D&O is now available...
Oct 6 2008 // There have been some subtle and not-so-subtle moves by competitors in reaction to AIG’s troubles.Navigators Pro increased its capacity for directors and officers (D&O) liability insurance, citing the...
Sep 23 2008 // A combination of “class action contagion from the US and growing economic uncertainly have spurred an unprecedented surge in the demand for management liability insurance among the UK’s top firms,”...
Sep 22 2008 // Over the past decade, the directors and officers liability market has grown faster than the broader property/casualty market, at nearly double the rate of the commercial lines average. Premium growth has come from pricing,...
Sep 2 2008 // Over the past decade, the directors and officers liability insurance market has grown faster than the broader property/casualty market, at nearly double the rate of the commercial lines average. Premium growth has come...
Aug 21 2008 // The continued steady subprime and credit crisis-related lawsuit filing level suggests that the litigation wave will continue during the second half of 2008.Is litigation stemming from the subprime- and credit...
Aug 4 2008 // Narragansett Bay Insurance Co. of Pawtucket, Rhode Island has named Mark Talerico chief risk officer.Talerico will oversee Narragansett’s distribution of risk in homeowners insurance, and guide the insurers exposure...