All the headlines from our Directors Officers Topic Page, ordered by recency.
Mar 10 2003 // Unless you’ve been hiding under a rock somewhere for the past year or two, yes, we’re in the midst of a hardening market cycle. After a prolonged soft market period, prices seem to be firming in every segment,...
Feb 27 2003 // Reportedly barring a divine mission to overhaul human nature, corporate folly and wrongdoing will remain a fact of life, but the toll on insurers has intensified sharply, according to a report just published by Standard...
Feb 25 2003 // Nuts & Bolts: Arch Insurance Group, a division of Arch Capital Group Ltd., announced a new $40 million facility for “A” Side Directors and Officers liability insurance. The coverage will be offered in...
Feb 20 2003 // Vesta Insurance Group, headquartered in Birmingham, Ala., announced it has settled its claim made in 1998 under the previous directors and officers liability insurance policy issued by Cincinnati Insurance Company for $16...
Feb 4 2003 // Property-casualty insurer Cincinnati Financial Corp. increased its quartly cash divided 12.4 percent to 25 cents per share and its subsidiaries named new directors, officers and counsel at the company’s Feb. 1...
Jan 31 2003 // Bermuda-based AXIS Capital Holdings Limited and the Kemper Insurance Group announced that AXIS’ U.S. subsidiary has agreed to acquire the renewal rights to the D&O and related product lines written by...
Jan 30 2003 // Arch Insurance Group, a division of Arch Capital Group Ltd., announced the formation of a new $40 million facility for ‘A’ Side Directors and Officers liability insurance. The coverage will be offered in...
Jan 30 2003 // Bermuda-based AXIS Capital Holdings Limited announced that its U.S. subsidiary has agreed to acquire the renewal rights to the D&O and related product lines written by Kemper’s Financial Insurance Solutions...
Jan 17 2003 // The chilling effect from last year’s corporate governance scandals has infected the directors’ and officers’ liability insurance market, hitting technology companies especially hard. That is one of the...
Jan 6 2003 // Allianz Insurance Company has launched a new business unit to provide directors and officers liability insurance.Allianz has consolidated operations and underwriting authority in its Chicago and New York offices to ensure...
Dec 26 2002 // Richard Swoy, chairman of Superior Access Insurance of Irvine, Calif. announced the addition of an “A++ XV” Superior A.M. Best rated carrier offering professional liability coverage nationally.Quotes are...
Dec 19 2002 // A new insurance policy from the Chubb Group of Insurance Companies can help independent directors protect their personal assets when they are sued by shareholders and others. The personal policy provides coverage to...
Dec 16 2002 // As the end of 2002 nears, it is the time to look back over the past year and to reflect on the major events in this chaotic year. Any consideration of 2002 must consider the tumultuous reaction to the Sept. 11 terrorist...
Dec 16 2002 // As the end of 2002 nears, it is the time to look back over the past year and to reflect on the major events in this chaotic year. Any consideration of 2002 must consider the tumultuous reaction to the Sept. 11 terrorist...
Dec 10 2002 // Seattle-based Cutter & Buck Inc. announced that the Company has received notice that its primary directors’ and officers’ liability insurance carrier is attempting to rescind the Company’s...
Dec 6 2002 // Travelers Bond, a division of Travelers Property Casualty Corp. has unveiled Broad Form PLUS+(SM), a new policy that offers personal asset protection for directors and officers when primary coverage and/or indemnification...
Nov 27 2002 // A federal judge has approved an insurance settlement between bankrupt telecommunications company WorldCom Inc. and National Union Fire Insurance Company, a unit of AIG.According to Dow Jones, the approval was reached days...
Nov 25 2002 // Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and...
Nov 25 2002 // This year nonprofit acquaintances often have asked me a question for which I have no answer. That is, “Why are commercial insurers non-renewing my nonprofit?” Our experience with nonprofits has been favorable,...
Nov 25 2002 // Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and...