All the headlines from our Directors Officers Topic Page, ordered by recency.
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...
Dec 12 2007 // Monitor Liability Managers, Inc. (Monitor), a member company of W. R. Berkley Corp., recently announced the launch of a new Independent Director Lliability (IDL) insurance policy that provides individual protection to...
Nov 21 2007 // The Chubb Group of Insurance Cos. has introduced Executive Elite, an excess directors and officers (D&O) liability policy that provides a dedicated limit of liability for directors and officers that is not shared with...
Nov 16 2007 // ACE UK announced that it has launched “ACE Elite,” which it described as a “portfolio of liability products designed to provide more relevant and appropriate protection in addressing the increased...
Nov 13 2007 // Willis Group Holdings has released an alert from the Company’s Financial Institutions (FI) practice, which looks at the meltdown in the U.S. subprime mortgage industry, which it notes is an “issue that has...
Nov 6 2007 // Travelers introduced its Advantage 500M for Public Companies, an enhanced directors and officers (D&O) liability policy that is specifically designed to offer more comprehensive coverage for growing public companies...
Nov 4 2007 // 10 Mass. caps auto hikes at 10%Because the shooter was in an uninsured car, says N.J. court 12 Driving the transitionAn interview with Mass. Commissioner BurnesN1 Survey reports drop in new lawsuitsActions filed against...
Nov 4 2007 // A British insurance company has asked a New York state court to confirm an arbitration award that directs imprisoned corporate thief L. Dennis Kozlowski, former head of Tyco International Ltd., to pay nearly $2 million...
Nov 4 2007 // A year ago, the emerging stock options backdating scandal was a hot topic, dominating the headlines of the financial pages and commanding the attention of the professional liability industry. The options backdating story...
Nov 4 2007 // A year ago, the emerging stock options backdating scandal was a hot topic, dominating the headlines of the financial pages and commanding the attention of the professional liability industry. The options backdating story...
Nov 4 2007 // The market for management liability coverages is soft. Premiums are down, which means revenues are down. Yet there still are tremendous opportunities for proactive agents and brokers to sell the coverages, according to...
Nov 4 2007 // Groups aim to prevent fire losses during height of wildfire season10 Hawaii approves 19.3% workers’ comp decrease NCCI recommended 16.8 percent drop10 Calif. approves AAA’s 6.5% auto rate reductionCarrier...