Latest Directors Officers Headlines

All the headlines from our Directors Officers Topic Page, ordered by recency.

Downsized D & O

Apr 3 2006 // It hasn’t been healthy. In fact, the directors and officers liability insurance market for super-sized Enrons, WorldComs and the Fortune 1000 has been unhealthy for some time.Looking at the market’s...

Take the pollution out of your D&O policy

Apr 3 2006 // D&O insurers may invoke an ‘absolute’ pollution exclusion to deny coverage for claims that arise out of environmental reserves or other pollution.Is your directors and officers policy polluted?...

10 Pa. Gov. Rendell not shy with veto pen

Apr 3 2006 // Nixes joint and several fix; also homebuilder damages cap10 Northeast warned of ‘historic’ storm this year Meteorologists say patterns mimic 1938 Long Island Express12 Insurers unlikely to alter credit...

Case Law Watch

Apr 3 2006 // Northwestern National Insurance Company v Carlson (Minn. App. March 7, 2006)Ruling: An insured’s cause of action against a liability insurer for breach of its contractual duty to indemnify does not accrue, and,...

8 Poe/Southern Family changes its Florida underwriting

Apr 3 2006 // Won’t renew or insure new homeowners of commercial policies8 Sirius International withdraws Florida application Won’t do business as an eligible surplus lines insurer8 Florida AG files complaint against...

Take the pollution out of your D&O policy

Apr 3 2006 // Is your directors and officers policy polluted? Shareholders and environmental groups are taking a closer look at the environmental disclosures made by public companies. The U.S. General Accounting Office issued a report...

Sam Jones

Apr 3 2006 // PeopleSam Jones, president of property and casualty operations at ABD Insurance and Financial Services, Redwood City, Calif., is retiring from active operating responsibilities to focus more time on his family and the...

Survey Finds Private Companies Acting More Like Public Companies; At Increased Risk of a Liability Lawsuit

Mar 31 2006 // “Many private companies are planning activities that may increase their exposure to management liability risks,” said Lisa McGee, vice president, Chubb & Son, during the Inc. 500 Conference. According to...

ABD Insurance and Financial Services Gains Top D&O Broker Rating

Mar 15 2006 // California-based ABD Insurance & Financial Services is once again the leading directors and officers liability insurance broker in the United States, according to the 2005 Tillinghast-Towers Perrin D&O Survey.ABD...

R&M Issues Study on Venture Capital D&O Indemnification

Mar 7 2006 // Dublin-based Research and Markets announced the addition of Director and Officer Indemnification and Insurance for VC (Venture Capital) Backed Companies to their offering.“Winning legal Strategies: Director and...

It’s not their father’s E&O policy anymore

Mar 6 2006 // Owners of mid-size companies used to make relatively easy, straightforward decisions on what types of insurance to buy. They would purchase property insurance for the buildings; liability for the autos, premises and...

RIMS Hosts Property, Casualty and D&O Seminar

Mar 6 2006 // The Golden Gate Chapter of RIMS is hosting a seminar on the “State of the Market: What You Should Know about the Markets for Property, Casualty and D&O” on Thursday, March 16, 2006, in San Francisco....

Today’s service firms must look beyond their father’s E&O

Mar 6 2006 // Owners of mid-size companies used to make relatively easy, straightforward decisions on what types of insurance to buy from their local agent. The owners would purchase property insurance for the buildings; liability for...

Understanding the rules of rescinding policies

Mar 6 2006 // Underwriters must do their homework and take a close look at legal and business requirements before deciding to rescind an insurance policy, executives attending the Professional Liability Underwriting Society (PLUS) 18th...

Amber Cert Reduces D&O, E&O Premiums; Aon, Willis, Brit Comment

Mar 1 2006 // In a recent press bulletin Amber Partners Ltd., an independent specialist in hedge fund operational risk, indicated that “leading U.K. and U.S. insurers to the hedge fund industry determined that Amber Certified...

Navigators to Acquire D&O, EPL Portfolio from Genesis

Feb 27 2006 // Navigators Management Company Inc., a subsidiary of The Navigators Group Inc. has signed a definitive agreement to acquire the renewal rights to the directors’ and officers’ liability and employment practices...

Preferred Club Program Adds D&O Market from RSUI

Feb 23 2006 // Venture Insurance Program’s Preferred Club Program has added a new market for Directors’ & Officers’ liability coverage with RSUI.RSUI’s D&O coverage, rated “A” (Excellent)...

Irwin Siegel Agency Announces New D&O Program

Feb 7 2006 // Rock Hill, NY – Irwin Siegel Agency, Inc. (ISA), a leading specialty program underwriter for the Social Services field recently announced a new Directors and Officers (D&O) Program. The new D&O Program will...

D&O EXCESS LIMITS UP BUT PREMIUMS DOWN

Feb 6 2006 // Directors and officers liability insurance capacity leveled off at about $1.5 billion in 2005, about where it was in 2004, while coverage restrictions continued to ease, according to D&O Liability 2005 Survey...

D&O excess limits up but premiums down

Feb 5 2006 // Directors and officers liability insurance capacity leveled off at about $1.5 billion in 2005, about where it was in 2004, while coverage restrictions continued to ease, according to D&O Liability 2005 Survey...