All the headlines from our Directors Officers Topic Page, ordered by recency.
Aug 4 2008 // Is litigation stemming from the subprime- and credit crisis-related activity increasing directors’ and officers’ insurance premiums? Despite the steady flow of new securities litigation during the first half of...
Jul 31 2008 // Liberty International Underwriters, a part of Liberty Mutual Group, has created Private Advantage Company Combo policy to provide broad private company management coverage for directors and officers, employment practices...
Jul 30 2008 // More than one-third of U.S. businesses do not purchase any type of management or professional liability insurance. Yet, two out of three U.S. private companies have experienced some type of event related to management or...
Jul 8 2008 // Sustainability risks are one of the most critical emerging risk areas of the 21st century and actuaries will need to develop mitigation and financing strategies for handling them.“Sustainability risks are going to...
Jun 23 2008 // ACE Bermuda International announced that effective July 1, 2008 all CODA policies will be issued at inception. The company also announced the launch of its new 2008 CODA policy aimed at the UK business market, featuring...
Jun 10 2008 // Hudson Insurance Group, the U.S. insurance division of Odyssey Re Holdings Corp., reports it has acquired Hooghuis Group LLC, an underwriting agency specializing in U.S. directors and officers liability (D&O)...
Jun 4 2008 // Willis recently hosted a conference of senior risk managers from the US oil and gas industry at its inaugural Global Risk Challenge seminar in Houston. They concentrated on finding out more about some of the major...
May 5 2008 // Ask Charlie Rosson and Mary Sklarski of San Francisco-based Woodruff-Sawyer and Co. what keeps their company successful and they’ll give the same answer: simplicity. For Rosson, chief executive officer, and Sklarski,...
Apr 18 2008 // A situation that could lead to a directors and officers liability claim arises. What’s an agent or broker to do?According to Susanne Murray of the New York office of insurance broker HRH, an expert in D&O...
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...