All the headlines from our Directors Officers Topic Page, ordered by recency.
May 26 2021 // Rising Edge, a London-based directors and officers (D&O) managing general agent, announced its official launch with the appointment of four key hires.As previously announced, Rising Edge will focus on D&O insurance...
May 10 2021 // Markus Braun, the former chief executive officer of scandal-ridden Wirecard AG who has been in jail for almost a year, sued insurance giant Chubb Ltd. to make it pick up his legal bills, people familiar with the case...
May 4 2021 // LONDON – Beat Capital Partners Ltd. and industry veteran Paul Shore have opened a new underwriting vehicle Tegron Specialty that will focus on directors and officers insurance for publicly traded companies, specializing...
Apr 29 2021 // Record premiums haven’t been enough to reverse U.S. directors and officers (D&O) insurers’ underwriting losses, and the sector will still lose money in the near term as a result, Fitch Ratings said.Premium...
Apr 23 2021 // Cyber attacks and data loss are the top two risks facing directors & officers, with pandemic-related changes in working practices heightening these concerns, according to a global survey from broker Willis Towers...
Apr 19 2021 // With premiums rising and carriers narrowing their terms and conditions, technology companies’ satisfaction with their directors and officers (D&O) liability insurance has plummeted in 2021.Insurance broker Marsh...
Mar 31 2021 // Hong Kong is expected to have its own blank check company listing framework ready in June for public feedback and targets allowing deals to start by the end of this year, according to people familiar with the matter.The...
Mar 31 2021 // With premiums rising and carriers narrowing their terms and conditions, technology companies’ satisfaction with their directors and officers (D&O) liability insurance has plummeted in 2021.Insurance broker Marsh...
Mar 23 2021 // A scarcity of directors and officers coverage for cannabis companies may be take an even bigger spotlight following a Colorado lawsuit in which two large cannabis operators and several executives are accused of illegally...
Mar 11 2021 // Beazley has launched a directors’ and officers’ (D&O) product suite designed specifically for U.S.-domiciled special purpose acquisition companies (SPACs).Beazley’s new D&O products for SPACs...
Mar 1 2021 // Steinhoff International Holdings NV is in talks with the providers of director liability insurance policies about help settling legal claims resulting from a 2017 accounting crisis that took the South African retailer to...
Feb 26 2021 // Rising Edge, a London-based managing general agent (MGA), writing directors’ and officers’ (D&O) insurance, is set to launch in the first half of 2021.The new company will be led by Chief Executive Officer...
Feb 10 2021 // The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers.Firms selling directors-and-officers liability policies for special purpose acquisition companies have been flooded by the...
Jan 11 2021 // While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds and their insurers will be dealing with in the year ahead.Rising insolvency exposures, growing...
Jan 4 2021 // Fast-growing specialty lines insurer Applied Underwriters announced the creation of a U.S. based division of its Applied Financial Lines business unit to provide directors and officers (D&O) coverages in the U.S.The...
Jan 3 2021 // Corporate board members and company executives have a lot to worry about these says and can be held liable for an increasing range of scenarios. Key risks for directors and officers to watch in 2022 include the increased...
Dec 16 2020 // While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds and their insurers will be dealing with in the year ahead.Rising insolvency exposures, growing...
Dec 1 2020 // U.S. insurers are taking a closer look at the recruiting and succession practices of corporate customers, worried about mounting lawsuits over a lack of diversity among top executives and directors, industry sources...
Nov 13 2020 // The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM Best report.With its...
Nov 12 2020 // Houston International Insurance Group, Ltd., has expanded its management liability coverage offerings to include an excess public D&O (Directors and Officers) product. As part of this expansion, the company hired...