Latest Directors Officers Headlines

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

D&O Coverage

Oct 11 2004 // Nuts & Bolts: The Hartford Financial Services Group Inc. has created Priority Protection, a new D&O product that protects individual directors and officers. The company said Priority Protection is a highly...

Survey: Increased Stand-Alone A-Side D&O Purchasing

Sep 23 2004 // A recent survey of directors and officers (D&O) insurance buying trends at Fortune 1000 companies shows an increased emphasis on liability insurance designed specifically to protect executives’ personal assets....

Fiduciary Liability: The Most Misunderstood of Management Exposures

Sep 20 2004 // In the early 1960s, life in the United States was lived at a slower pace. Transportation and communication required more time (and patience) and employees were more inclined to trust employers on issues relating to...

The Hartford Unveils New D&O Coverage

Sep 14 2004 // The Hartford Financial Services Group Inc. has created Priority Protection, a new D&O product that protects the individual directors and officers.“Directors and officers (D&O) coverage was originally...

Crump Opens National Financial Lines Practice Centered on D&O, Other Lines of Professional Liability

Sep 10 2004 // Crump Insurance Services Inc., a provider of wholesale insurance brokerage services, is launching a national Financial Lines practice to serve the specialty insurance market for management and professional liability. Janet...

CNA’s Revised D&O Product Includes Personal Asset Coverage

Aug 26 2004 // Chicago-based commercial insurer CNA announced a revised product for directors and officers (D&O) to help reduce the risks associated with inadequate protection. CNA said its Individual Solutions policy has been...

Fiduciary Liability: The Most Misunderstood of Management Exposures

Aug 23 2004 // In the early 1960s, life in the United States was lived at a slower pace. Transportation and communication required more time (and patience) and employees were more inclined to trust employers on issues relating to...

Freeburg Joins Noodle Specialty Brokers, Will Underwrite D&O and EPLI

Aug 19 2004 // Chicago-based online wholesaler Noodle Specialty Brokers (NSB) announced that Jonathan Freeburg, 44, has joined the company as a senior underwriter focusing on private company directors’ and officers’ liability...

HCC Subs Assigned ‘AA’ Ratings

Aug 16 2004 // Standard & Poor’s Ratings Services assigned its “AA” financial strength ratings to American Contractors Indemnity Co. (ACIC) and HCC Reinsurance Co. Ltd. (HCC Re), both subsidiaries of Houston-based...

‘Round and ‘Round the Cycle Goes, Where it Stops Nobody Knows

Aug 9 2004 // Like the wheels of Lance Armstrong’s bike—a blur of perpetual motion as he powered up mountain after mountain in the Tour de France—the non-stop cycle of the property/casualty insurance market continues on its...

A Decade of Improving Club Safety and Coverage

Aug 9 2004 // If you have ever insured or considered insuring golf and country clubs, you know that their risks can’t be classified or managed easily. They have kitchens and restaurants, clubhouses used for daily activities and...

D&O Market Still Faces Unresolved Securities Cases

Jul 19 2004 // Those involved in the directors and officers liability market face a continuing challenge in trying to assess the securities litigation landscape, where billions of dollars in mega and individual cases remain unresolved,...

‘Middle Market’ Not Immune to Directors & Officers Worries

Jul 19 2004 // The Enron, Adelphia, Global Crossing and WorldCom corporate governance and fraud scandals of 2001 and 2002 may seem like a distant and terrible memory, but the public received some harsh reminders recently. Former Enron...

Swett & Crawford Forms Professional Services Division

Jul 19 2004 // The Power of Many Specialists Rolled into OneWith the softening market at the front door of the insurance industry, brokers in the wholesale industry have been scurrying about to prepare for the inevitable dawn of hard...

PLUS: D&O Recovery Depends on More Discipline

Jul 19 2004 // Insurers must become more disciplined, underwrite more strictly, educate their insureds and price risks correctly if they expect the directors and officers liability market to improve, according to speakers at the PLUS...

RIMS: Soft Market Takes Hold as Commercial Premiums Decline 15%

Jul 15 2004 // In the continuing march toward a soft market, most commercial insurance buyers renewed their policies at the same or lower premiums last quarter, according to a survey of corporate risk managers.Data from the survey shows...

Experts Warn of Emerging Trend in ERISA Class-Action Lawsuits at PLUS Symposium

Jun 28 2004 // Stock market declines and the financial collapse of companies such as Enron, Global Crossing and WorldCom have generated numerous shareholder class-action lawsuits against directors and officers alleging violations of...

AXIS Specialty Europe to Offer Professional Lines

Jun 22 2004 // AXIS Capital Holdings Limited announced that its European insurance subsidiary, AXIS Specialty Europe Limited (AXIS Europe), has begun underwriting Directors and Officers Liability Insurance and other Professional Lines...

XL to Offer Primary D&O Coverage Across Europe

Jun 15 2004 // XL Europe Limited, an XL Capital Ltd company, announced that XL’s worldwide professional lines operation, XL Insurance Professional, is to offer primary Directors & Officers (D&O) liability insurance...

AXIS U.S. Expands Professional Liability Coverage; Builders’ Risk Capabilities

Apr 21 2004 // AXIS U.S. Insurance announced from its headquarters in Alpharetta, Ga., that it has expanded both its professional lines capabilities and its Builders Risk Product Offerings.For greater coverage of professional liability...