All the headlines from our Directors Officers Topic Page, ordered by recency.
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 18 2002 // The strict new requirements of the Sarbanes-Oxley Act of 2002 will impact not only publicly-held insurance companies, but they also set the bar for mutual insurers, according to experts who spoke at the Corporate...
Sep 30 2002 // Living in the nation’s energy capital, Houston, is never boring. During the oil and gas boom-times, the city is in perpetual motion and lawyers are running around doing deals. During the bust periods, the lawyers get...
Sep 30 2002 // Living in the nation’s energy capital, Houston, is never boring. During the oil and gas boom-times,the city is in perpetual motion and lawyers are running around doing deals. During the bust periods, the lawyers get...
Sep 11 2002 // The Midwest Chapter of PLUS, the Professional Liability Underwriting Society, has organized a seminar on Tuesday, September 17, featuring discussion by experts on current issues concerning Directors & Officer’s...
Sep 10 2002 // Schinnerer & Company Inc. of Chevy Chase, Md. is now offering liability coverage to architects, engineers, land surveyors, landscape architects and specialty consultants through CNA’s E-Pack. With this newest...
Jul 22 2002 // American International Group has announced enhanced Directors, Officers and Corporate Liability insurance coverage that includes Business Travel Accident Insurance and Travel Assistance Services. The Business Travel...
Jul 22 2002 // Nuts & Bolts: American International Group announced enhanced Directors, Officers and Corporate Liability insurance coverage that includes Business Travel Accident Insurance and Travel Assistance Services. The...
Jul 9 2002 // Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers.Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ compensation....
Jul 8 2002 // WorldCom’s recent revelations of accounting irregularities that resulted in the company overstating pretax profits by nearly $4 billion in 2001 and early 2002 are yet another blow to a directors and officers...
Jul 8 2002 // Nuts & Bolts: Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’...
Jun 3 2002 // June 3, 2002Philadelphia Insurance Companies’ announced the introduction of their new “Flexi-Five® non-profit D&O policy,” described as “providing traditional D&O coverage along with:...
Apr 29 2002 // The property/casualty insurance industry reported a statutory rate of return of negative 2.7 percent in 2001, down from 6.5 percent return for the year 2000. The results were released by the Insurance Services Office, Inc....
Apr 19 2002 // Ohio Director of Insurance Lee Covington, acting in his capacity as liquidator of property and casualty insurer LMI Insurance Company, has sued LMI’s parent, Highlands Insurance Group and other affiliated companies...
Mar 25 2002 // Nuts & Bolts: Monitor Liability Managers Inc., a member of W.R. Berkley Corporation, has partnered with the Biotechnology Industry Organization (BIO) to provide D&O to the biotech industry. The BIO-Monitor...
Mar 14 2002 // Global insurance broker Willis Group Holdings Limited has issued its assessment of the Directors and Officers Liability Insurance (D&O) market, and concludes that it “is in considerable disarray, with insurance...
Mar 1 2002 // Enron, the World Trade Center attack, and other recent disasters have made directors and officers liability one of the worst performing lines of insurance in 2000 and 2001. It is only through adequate pricing, higher...
Feb 28 2002 // The hardening market for Directors and Officers liability coverage is forcing brokers and their clients to accept higher rates, less coverage and larger retentions, panelists told a recent PLUS D&O Symposium. These...
Feb 25 2002 // According to a new report by A.M. Best, the bankruptcy of Houston-based energy trader Enron Corp. has affected the investment portfolios of a number of insurers. As of Sept. 30, 2001, the affected companies had more than...
Jan 28 2002 // “Bankruptcy” and “Chapter 11” are inadequate terms to describe the carnage left in the wake of Enron’s collapse, which affected the lives of thousands of people, numerous banks and dozens of...