All the headlines from our Directors Officers Topic Page, ordered by recency.
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,...
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...
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...
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...
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...
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...
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...
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...
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...
Apr 20 2004 // Willis Group has also issued a report on market conditions in the industry (see related articles). The international broker said it had reached the following conclusions: — Competitive conditions return to certain...
Apr 19 2004 // The securities litigation landscape remains challenging for all involved in the directors and officers market, executives attending the 2004 PLUS D&O Liability & Insurance Issues Symposium were told.Introducing...
Apr 8 2004 // Fireman’s Fund is offering two nonprofit director and officer (D&O) liability insurance products to Independent Insurance Agents and Brokers of America (IIABA) members in states where the online market access...
Apr 6 2004 // The AIG Companies have announced the launch of “AIG Sports Risk Solutions(SM),” described as “a comprehensive insurance program designed for youth and adult amateur athletic organizations that provide...
Mar 25 2004 // National Union Fire Insurance Company of Pittsburgh, Pa., a member company of American International Group, announced the launch of Mutual Fund IDL Premier(SM), a new coverage designed to meet the emerging liability...
Mar 8 2004 // As Costello famously asked Abbott, “Who’s on first?”A new report released by leading independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent...
Mar 8 2004 // Although I’ve been around the specialty industry for more years than I care to reveal and now have seen multiple hard and soft markets, I’m confused.Why such confusion? After reading tea leaves, consulting the...
Mar 8 2004 // Although I’ve been around the specialty industry for more years than I care to reveal (this information is in poor taste, akin to discussing a woman’s age), and now have seen multiple hard and soft markets,...
Mar 8 2004 // Surplus lines company executives and wholesalers at NAPSLO responded uniformly with broad smiles when asked about their 2003 results.Although I’ve been around the specialty industry for more years than I care to...
Feb 23 2004 // As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition,...
Feb 23 2004 // As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition,...