Latest Directors Officers Headlines

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

Insurers Must Underwrite Smarter, Not Succumb to D&O Market Pressures

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...

Ripped from the Headlines: Law & Order in Today’s D&O

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...

Commercial Insurance Posts Full Year in Soft Market, RIMS Survey Reveals

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...

Message to Board: Find Out What’s in Your D&O Policy Before It’s Too Late

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...

Management and Professional Liability

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...

Fiduciary Liability: Obtaining Effective Insurance

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...

D&O RATES TO DECREASE EVEN MORE:

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....

Management and Professional Liability

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...

Beecher Carlson Holdings Appoints Two New York Managing Directors

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...

Willis D&O Index Reports Rates to Decrease Even More

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...

Commercial Insurance Posts Full Year in Soft Market, Reports RIMS Benchmark Survey

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...

Huskins Appointed Partner With Woodruff-Sawyer & Co.

Feb 4 2005 // Woodruff-Sawyer & Co., one of the largest independent insurance brokers in the nation, announced that Priya Cherian Huskins has been named a Partner with the firm. Huskins joined the firm’s Directors &...

Schinnerer’s Not-for-Profit D&O Program Adds Stand-Alone Fiduciary Coverage

Feb 3 2005 // Victor O. Schinnerer & Company’s Not-for-Profit D&O Program has added another coverage line to its portfolio: stand-alone fiduciary coverage. The policy offers fiduciary liability coverage for any employee...

LSRAngel Partners with Quanta to Offer EPLI, D&O for Small to Medium-Sized Companies

Jan 17 2005 // Specialist EPLI program manager LSRAngel Inc. has announced a new partnership with the U.S underwriting subsidiaries of Quanta US Holdings Inc., a wholly-owned subsidiary of Quanta Capital Holdings Ltd., to provide...

Executive Liability Team Based At Beecher Carlson’s N.Y. Office

Jan 7 2005 // Atlanta-based Beecher Carlson Holdings Inc. has formed a Executive Liability Practice at its New York office anchored by Steven Anderson, Jack Flug, John Kerns, Jeff Lattmann and Hank Whiting, all former Marsh executives....

HRH Releases D&O Snapshot and Forecast for 2005

Dec 23 2004 // Hilb Rogal & Hobbs has released its Directors and Officers Liability Snapshot and Insurance Market Forecast for 2005.Legislation, regulatory activity, litigation and corporate governance requirements continue to...

Expanded D&O

Dec 20 2004 // Nuts & Bolts: The professional lines insurance operation of XL Insurance added fiduciary liability coverage to its directors and officers policy. The expanded policy, known as ‘a-plus D&O,’ replaces...

Expanded D&O

Dec 20 2004 // Nuts & Bolts: The professional lines insurance operation of XL Insurance added fiduciary liability coverage to its directors and officers policy. The expanded policy, known as ‘a-plus D&O,’ replaces...

Hamilton Named SVP, Will Lead Beecher Carlson D&O Risk Practice

Dec 7 2004 // Beecher Carlson Holdings Inc. of Atlanta has announced the appointment of Jane Hamilton as senior vice president and team leader in the newly formed Directors & Officers (D&O) Risk Practice. Located in the...

D&O Premiums Decline for First Time Since 1999; Hard Market to Return by 2006 Predicts Tillinghast

Dec 7 2004 // Tillinghast’s Directors & Officers (D&O) liability insurance premium index dropped 10 percent from 2003 to 2004, the first decline since 1999, according to the 2004 Directors & Officers Liability...