All the headlines from our Directors Officers Topic Page, ordered by recency.
Jul 7 2005 // Mayfield Village, Ohio-based Progressive Casualty Insurance Co. has released a new directors’ and officers’/company liability policy for financial institutions. The new policy allows bankers to protect the...
Jun 28 2005 // Until recently, independent directors serving on corporate boards could comfortably rely on a company’s indemnification and directors & officers (D&O) insurance to protect them from legal action in...
Jun 20 2005 // There is an abundance of material offering insurance agents advice designed to minimize or prevent errors and omissions claims. Most of these materials are generalized, focusing on proper file documentation and stressing...
Jun 6 2005 // Over 200 years ago Paul Revere rallied the Minutemen with the cry: “The British are coming!” He’d be somewhat surprised to learn of today’s more benign invasion by a number of British insurance...
May 25 2005 // Dublin-based Research and Markets has announced the addition of UK Commercial Liability Insurance 2005 to their offering, which it describes as “a market based report looking in-depth at the three key liability...
May 20 2005 // XL Professional Lines, a unit of XL Insurance (Bermuda) Ltd., has extended its portfolio of Directors & Officers liability products with the addition of dedicated coverage for independent directors of company...
Mar 21 2005 // Transparency will reportedly bring fundamental changes in how the industry operates, resulting in more open communication between the client, the broker and the underwriter.A change in the dynamics of the business also...
Mar 7 2005 // News from Worldcom, Enron and Spitzer Invades PLUS SymposiumSettlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, professional liability...
Mar 7 2005 // News from Worldcom, Enron and Spitzer Invades PLUS SymposiumSettlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, according to professional...
Mar 7 2005 // Insurers must not be lulled into thinking that the Directors and Officers liability market has recovered because the quantity of cases remain high and the complexities of litigation are overwhelming.As a result, carriers...
Mar 7 2005 // News from Worldcom, Enron and Spitzer invades PLUS SymposiumSettlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, according to professional...
Feb 21 2005 // The commercial insurance industry experienced a full year of a soft market conditions in 2004, as the last months of the year represented the fourth consecutive quarter of declining prices, according to the RIMS Benchmark...
Feb 21 2005 // Not knowing the difference between a “severability clause” and a “final adjudication exclusion” could have major consequences for audit committee members and their fellow directors.Board members who...
Feb 21 2005 // Nuts & Bolts: Pittsburgh-based National Union Fire Insurance Co. has launched PrivateRisk Protector, a new management and professional liability portfolio of coverages designed to address the broad spectrum of...
Feb 21 2005 // As discussed in part one of this series in the Feb. 7 issue (page 34), fiduciary liability is one of the most misunderstood of management exposures. However, once one grasps the concept of personal liability embedded in...
Feb 21 2005 // The start of 2004 was a testing time for the global D&O market, reports Willis’ Directors & Officers Index which asked participating insurers for their views about the past three and next three months....
Feb 21 2005 // Nuts & Bolts: National Union Fire Ins. Co. of Pittsburgh, Pa., a member company of American International Group Inc., launched “PrivateRisk Protector,” a new management and professional liability portfolio...
Feb 11 2005 // Jeffrey Lattmann and John Kerns have been named managing directors of Beecher Carlson Holdings Inc.’s New York office. Lattmann will also be a senior partner of the newly formed Executive Liability...
Feb 7 2005 // The start of 2004 was a testing time for the global D&O market, reports Willis’ Directors & Officers Index which asked participating insurers for their views about the past three and next three...
Feb 7 2005 // The commercial insurance industry experienced a full year of a soft market conditions in 2004, as the last months of the year represented the fourth consecutive quarter of declining prices, according to the RIMS Benchmark...