All the headlines from our Directors Officers Topic Page, ordered by recency.
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...
Nov 9 2020 // Given that business-as-usual is unlikely to return soon due to the coronavirus pandemic, U.S. property/casualty insurers will continue to face challenges related to virus-related insurance losses and premium volume...
Nov 3 2020 // Houston International Insurance Group Ltd. (HIIG) is expanding its management liability coverage offerings to include an excess public D&O (directors and officers) product.As part of this expansion, Peter Bujosa has...
Nov 3 2020 // Robinson+Cole has expanded its New York office with the addition of two partners, John F. McCarrick and Erica J. Kerstein, as well as two counsel, Phyllis A. Ingram and Sedgwick M. Jeanite, and four associates, Meryl E....
Oct 20 2020 // Sompo International Holdings Ltd. has launched a new directors and officers liability insurance policy form for publicly-traded companies in the U.S. Sompo’s public D&O product is the latest addition to the...
Oct 19 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has developed proprietary directors & officers (D&O) liability and professional indemnity (PI) policy wordings for customers in the UAE and throughout the...
Oct 7 2020 // Specialty insurer AXIS Insurance has hired four experienced underwriters to its U.S. Management Liability team.Christina Segreti, Drew Kushnick, Matthew Holzinger and Sherry Alexakis have joined AXIS as senior underwriters...
Oct 7 2020 // The magnitude of the COVID-19 pandemic as an economic loss events is unprecedented for companies and insurers alike and claims trends and risk exposures are likely to evolve in both the mid- and long-term as a result of...
Oct 5 2020 // As claims related to the economic fallout from the pandemic emerge in the U.S. directors and officers (D&O) liability insurance segment, insurers can expect the claims to take several years to pay out and underwriting...
Sep 28 2020 // As claims related to the economic fallout from the pandemic emerge in the U.S. directors & officers (D&O) liability insurance segment, insurers can expect the claims to take several years to pay out and...
Sep 22 2020 // Specialty insurer Beazley has expanded its underwriting and claims presence in the U.S. with new hires for its Executive Risk team that focuses on board-level risks facing businesses and their executives.Elizabeth...
Sep 15 2020 // Claims inflation for the commercial liability business will increase through 2020, although it was accelerating even before the coronavirus pandemic hit. This trend, known as social inflation, has led the insurance...