All the headlines from our Directors Officers Topic Page, ordered by recency.
Apr 15 2008 // Lloyd’s warned UK executives that the Corporate Manslaughter Act and Corporate Homicide Act 2007, which came into effect on Sunday, April 6, may result in a “string of new prosecutions for fatal accidents that...
Apr 14 2008 // ACE Europe announced the launch of the “Elite IV Entity Extension,” an endorsement to its Elite IV Directors & Officers (D&O) cover, which provides increased protection to private companies facing...
Apr 10 2008 // The UK’s Beazley Group plc has introduced “Beazley Armour,” which it describes as a “Side A policy form designed to provide exceptional protection for directors and officers and, on an excess basis,...
Apr 7 2008 // Greenhouse gases (GHGs) have gotten a bad rap, according to Mark C. Bove, senior research meteorologist, catastrophic risk management for Munich Reinsurance America. Speaking on a panel about climate change at the...
Apr 7 2008 // The “Energizer Bunny” of property/casualty insurance brokerages worldwide — that seems an apt description for Atlanta-based Beecher Carlson, which is ranked as the seventh-largest privately-held independent...
Apr 7 2008 // From the vantage point of early 2008, insurers writing directors and officers coverage can look back on the prior year and developments at what may prove to be a transitional period in terms of the frequency, type and...
Apr 7 2008 // Despite the calm, cool manner of the 1,300 well-coiffed underwriters and brokers in attendance, volatility was on the minds of most presenters at the Professional Liability Underwriters Society’s D&O...
Mar 20 2008 // New York, NY- March 20, 2008: Pacific Underwriters announced that it has partnered with Darwin Professional Underwriters to place management liability insurance for private company and not-for-profit risks utilizing...
Mar 10 2008 // Several observers and analysts have recently tried to estimate the insurance industry’s aggregate subprime-related loss exposure. At one end, Bear Stearns has estimated the industry’s exposure at $8 billion to...
Mar 5 2008 // According to figures released today by the UK’s Hiscox, “nearly two thirds of smaller businesses are leaving themselves hugely exposed to legal action from their own employees, despite the number of employment...
Feb 28 2008 // Directors’ and officers’ liability insurance costs for financial institutions significantly increased in the fourth quarter of 2007, according to a D&O pricing index released by Aon Corp.Authored by Aon...
Feb 24 2008 // There are likely to be more securities class action lawsuits in 2008 than any year since the passage of the Private Securities Litigation Reform Act in 1995. In addition, the subprime-related litigation wave is likely to...
Feb 24 2008 // A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in energy and...
Feb 24 2008 // The crisis in the subprime mortgage market has had little impact on availability, cost or policy conditions of directors and officers liability (D&O) and errors and omissions liability (E&O) insurance policies,...
Feb 10 2008 // Subprime-related ERISA lawsuits fall into one of two categories: lawsuits brought by or on behalf of employees against plan fiduciaries in connection with company stock held in the employees’ 401(k) plans, and...
Feb 5 2008 // A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in energy and...
Feb 5 2008 // The crisis in the subprime mortgage market has had little impact on availability, cost or policy conditions of directors and officers liability (D&O) and errors and omissions liability (E&O) insurance policies,...
Jan 27 2008 // In recent 2007 year-end studies, both Cornerstone Research and NERA Economic Consulting documented how the subprime-related litigation wave drove an increase in securities class action filings during the year. But a...
Jan 23 2008 // The heightened risk of being named in securities litigation has lead corporate counsel to face increasing liability exposures from a variety of claimants. These liabilities may result from legal services provided on behalf...
Jan 14 2008 // Commercial lines insurance premiums continued to tumble during the fourth quarter of 2007, according to the RIMS Benchmark Survey, an industry survey of policy renewal prices as reported by corporate risk managers.Despite...