All the headlines from our Directors Officers Topic Page, ordered by recency.
Mar 27 2023 // Although analysts at Fitch Ratings estimate that combined ratios for the directors and officers liability line remained below breakeven in 2022, with competition fueling price declines and the economic conditions...
Mar 21 2023 // D&O insurers breathed a short sigh of relief when the U.S. government pledged to protect depositors of failed Silicon Valley Bank last week.But it wasn’t necessarily business as usual for watchful underwriters in...
Mar 15 2023 // Had the federal government not stepped in to make Silicon Valley Bank (SVB) depositors whole, providers of directors and officers insurance for startups and venture capitalists – as well as financial institutions...
Feb 16 2023 // This edition of International People Moves details appointments at the UK-based MGA Rokstone and RSA Insurance.A summary of these new hires follows here. MGA Rokstone Names Heaton as Head of D&ORokstone, the...
Jan 10 2023 // Insurance brokerage USI is forecasting that half of 32 commercial insurance product lines analyzed will experience softer pricing in the first half of 2023—including a predicted “buyer’s market” for...
Jan 5 2023 // A directors and officers insurer has no duty to defend a New Mexico financial organization from litigation filed after its former chief executive officer was convicted of stealing $4.9 million from clients, a federal...
Dec 16 2022 // QBE Europe Launches Warranty & Indemnity ProductQBE announced the introduction of Warranty and Indemnity (W&I) insurance in Europe for the first time to further support customers. The new product reflects an...
Dec 15 2022 // Public and private D&O buyers are seeing more competitive conditions, fueled by a reduced number of U.S. securities class actions, a slowdown in M&A activity, as well as an influx of new market entrants. However,...
Dec 5 2022 // The dark days of the pandemic are finally easing for the healthcare industry, bringing much needed insurance capacity back for directors and officers (D&O) and employment practices liability insurance (EPLI) coverage...
Nov 22 2022 // Marsh Specialty Appoints Kolodner Global Renewable Energy LeaderMarsh has appointed Michael Kolodner as global renewable energy leader, Marsh Specialty. Kolodner rejoined Marsh in 2020 as U.S. power and renewable energy...
Nov 21 2022 // Directors and officers liability pricing fell 14.7% in the third quarter, according to a recent survey.Aon’s Financial Services Group’s Q3 2022 pricing index for the quarter ending on September 30 decreased to...
Nov 21 2022 // New rules proposed by the U.S. Securities and Exchange Commission on cybersecurity and climate impact disclosures may generate more lawsuits that will generate claims against directors and officers (D&O) policies,...
Nov 10 2022 // Directors and officers liability pricing fell 14.7% in the third quarter, according to a recent survey.Aon’s Financial Services Group’s Q3 2022 pricing index for the quarter ending on September 30 decreased to...
Nov 10 2022 // SAN DIEGO — New rules proposed by the US Securities and Exchange Commission on cybersecurity and climate impact disclosures may generate more lawsuits that will generate claims against directors & officers policies,...
Sep 20 2022 // The Basketball Hall of fame (BHoF) is suing Chubb Group subsidiary Federal Insurance Co. to have the insurer defend and indemnify it in a case accusing it of attempting to unlawfully secure funds for renovations to its...
Sep 2 2022 // Three years of soaring directors and officers liability insurance prices pushed combined ratios down to the mid-to-high 90s, but new entrants and potential claims volatility may spell trouble for underwriters in the years...
Sep 1 2022 // Beazley to enter distribution partnership with Paragon for Weather GuardSpecialty insurer Beazley announced a new, efficient and effective online portal solution for its leading Weather Guard product. The new robust online...
Aug 23 2022 // Lloyd’s of London underwriters must pay more than $3 million in pre-judgment interest in addition to the $10 million the syndicate has already paid in damages for the wrongful acts of the former directors of a bank...
Aug 1 2022 // Directors and officers insurance has been pricey and tough to obtain for cannabis companies since the industry started requiring coverage.D&O is difficult in most business sectors (For more on that check out:...
Jun 30 2022 // Marsh announced today several enhancements to directors and officers liability (D&O) insurance offerings that could enable more clients to benefit from superior environmental, social, and governance (ESG)...