All the headlines from our Executive Risk Topic Page, ordered by recency.
Jan 28 2013 // There are many cyber insurance products available for purchase, and each is somewhat unique. Some products are more comprehensive than others. Some cyber insurance products are combined with insurance policies of another...
Jan 14 2013 // Ullico Inc. has announced that its subsidiary, Ullico Casualty Group, Inc., will begin writing and renewing multiemployer and government fiduciary liability and union liability policies next week with Alterra American...
Jan 7 2013 // The Segal Group, Inc., has announced that Segal’s Fiduciary Liability Insurance Practice has been incorporated as a subsidiary of The Segal Group, Inc., and renamed Segal Select Insurance Services, Inc. Brian Smith,...
Nov 5 2012 // When it comes to fiduciary liability, ignorance is risk. Many fiduciaries of company-sponsored retirement and health plans are unaware that they face significant exposures in connection with their duties.A Travelers survey...
Jun 14 2012 // “As companies continue to expand within the Asia Pacific region and beyond its borders, they are becoming increasingly exposed to risks such as Directors and Officer’s (D&O), Cyber and Professional...
Mar 2 2012 // Chartis has introduced enhancements to its fiduciary liability product for private companies, nonprofits and financial institutions.The company’s Fiduciary Liability Edge endorsement will provide coverage to address...
Dec 7 2011 // Privately owned insurance brokerage firm Hylant Group, headquartered in Toledo, Ohio, has added Lynn Ambrose to its executive risk practice. Based in Hylant’s Chicago office, Ambrose will be primarily responsible for...
Oct 5 2011 // The Board of Directors of the National Conference on Public Employee Retirement Systems NCPERS, a trade association for public sector funds, has unanimously endorsed Ullico Casualty Group Inc.’s fiduciary liability...
Sep 7 2011 // Chartis has made two enhancements, developed by its Executive Liability division, to its fiduciary liability insurance solutions for organized labor. The first is the fiduciary liability insurance edge endorsement, which...
Dec 21 2010 // Ullico Casualty Group Inc., a wholly-owned subsidiary of Ullico Inc., has increased its fiduciary liability insurance limits from $15 million to $25 million, effective immediately. Limits are available on a primary or...
Sep 29 2010 // Chartis has introduced Fiduciary Liability Insurance Edge, a new insurance solution developed by its Executive Liability Division to address the evolving fiduciary liability exposures facing companies, plans, executives...
Feb 2 2010 // Great American Insurance Group’s Executive Liability Division (ELD), based in Schaumburg, Ill., appointed Synergy Professional Associates of Kinnelon, N.J., as its national production coordinator for...
Dec 6 2009 // According to the U.S. Bureau of Labor Statistics, the seven fastest growing industries between now and 2016 are:Beyond the need for “ordinary” coverages (i.e., property, liability and automobile), each of these...
Jun 15 2009 // The current financial crisis affects almost every aspect of our business life — that includes insurance. Businesses need to be wise consumers and aware of the legal issues covered by their coverages. Let’s take a...
Mar 24 2009 // Willis Group Holdings announced the formation of FINEX Global, a new division that will incorporate all of Willis’ existing London-based Financial, Executive Risk and Professional Liability business.Willis noted:...
Mar 23 2009 // Planning for the “upside” must begin now. The soft insurance market will end, and the rebound from the financial bottom will happen. But don’t try to predict when, just get out in front and plan for...
Jan 28 2009 // The current financial crisis affects almost every aspect of our business life. That includes insurance. Businesses need to be wise consumers and aware of the legal issues covered by their coverages. Let’s take a look...
Jan 25 2009 // Fiduciary liability typically involves an employee suing an employer for not offering employee options for investing in a 401K plan, and the law weighs heavily in favor of the employee in these cases.The current financial...
Oct 23 2008 // Companies of all sizes are vulnerable to potentially devastating management, employment and fiduciary liability lawsuits. Even claims filed without merit can result in defense expenses that are financially draining....
May 5 2008 // During the 12-month period ending March 31, 2007, nearly 10,000 new federal lawsuits were filed under ERISA. In 2007 alone, ERISA class action settlements exceeded $1.8 billion. Yes, it is open season on ERISA fiduciaries...