All the headlines from our Directors Officers Topic Page, ordered by recency.
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 // When defaults in U.S. mortgages reached record levels in the second quarter of 2007, forcing a large number of subprime mortgage lenders to shut down or file for bankruptcy, the fallout spread quickly throughout the...
Nov 4 2007 // Competition in the insurance market is heating up, and as the directors and officers (D&O) market continues to soften, primary carriers are looking for new ways to differentiate themselves and broaden their...
Oct 17 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...
Oct 2 2007 // Steady erosion of commercial insurance industry pricing continued during the third quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk...
Sep 24 2007 // According to the Bank of America, more than $1.3 trillion in adjustable rate mortgages — 70 percent of them subprime — will reset before the end of 2008.The collapse of the subprime mortgage lending industry...
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It has already generated...
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It also has already...
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It has already generated...
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It also has already...
Sep 24 2007 // The AIG Cos. introduced a service called AIG Passport for multinational companies’ errors and omissions (E&O) liability insurance to facilitate purchasing locally admitted E&O coverage to cover their...
Sep 18 2007 // The vast majority of U.S. insurers have little or no exposure to the volatility in the subprime mortgage market because a substantial percentage of their investments are in the highest-rated bonds or stocks with no direct...
Sep 11 2007 // CNA Specialty is now offering directors and officers (D&O) as well as errors and omissions (E&O) coverage for private equity and venture capital firms.CNA is targeting firms whose funds range up to $5 billion in...
Sep 7 2007 // The AIG Companies will begin marketing its directors and officers (D&O), errors and omissions (E&O), employment practices (EPL), fiduciary (PTL) and fidelity liability insurance and services under the new AIG...
Sep 7 2007 // Zurich announced the expansion of its directors & officers liability insurance offering for middle market companies in North America. The enhanced offering, which includes several management liability products under...
Sep 3 2007 // Marsh UK has issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater directors’ and...
Sep 3 2007 // The subprime mortgage lending blame game is in full swing — with people arguing about who’s at fault for mortgage defaults, bond losses and lender failures — but “we’re only in the very top of...
Sep 3 2007 // The subprime mortgage lending blame game is in full swing — with people arguing about who’s at fault for mortgage defaults, bond losses and lender failures — but “we’re only in the very top of...
Sep 3 2007 // Marsh UK has issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater directors’ and...
Sep 3 2007 // Insurance broker Marsh UK issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater D&O and E&O...