directors and officers liability insurance News

Softening of P/C Commercial Markets, Including D&O, to Continue: Fitch

U.S. commercial insurance market segments, including directors and officers (D&O) liability insurance, are continuing to soften and are likely to stay on this path for the near-term even as several large competitors merge, Fitch Ratings says. Premium rates in property …

RLI Enhances Directors & Officers Liability Policy

RLI Insurance Co.’s RLI Executive Products Group has enhanced its Executive Plus Side A Difference in Conditions (DIC) Directors & Officers Liability policy. The Executive Plus policy protects the personal assets of directors and officers when the corporation cannot or …

R-T Specialty Division Launches Retired Directors Policy with Full Binding Authority

R-T Specialty, LLC’s Retired Directors Assurance Underwriting Services, a division of R-T Specialty, LLC, has a new binding authority for the Retired Directors Assurance (RDA) policy, which provides contingent liability coverage for individual retired Directors (Side A Coverage) on a …

Berkshire Hathaway Specialty Expands D&O Policies to Canada

Berkshire Hathaway Specialty Insurance has introduced the Canadian editions of the Executive First Directors & Officers Liability insurance policy and the Executive First Side A DIC Directors & Officers liability policy, designed to provide customizable coverage for the complex risks …

StartPoint Adds $25M in Capacity for U.S. D&O Market

Managing general agency StartPoint has added $25 million in new capacity for the U.S. directors & officers (D&O) insurance marketplace. The complete amount of the capacity is provided by certain syndicates at Lloyd’s (A+ rated by S&P) and is written …

AIG Responds to Supreme Court ‘Fraud on the Market’ Ruling with D&O Endorsement

American International Group, Inc. (AIG) insurers have introduced a new policy endorsement that ensures primary directors and officers (D&O) policy funds are immediately available to clients named as defendants in securities lawsuits for the preparation of “event studies.” The endorsement …

Allied World Bermuda Upgrades Public Company D&O Coverage

Allied World Bermuda has upgraded its Executive ForceField policy to provide enhanced coverage for the protection of directors and officers of public companies. This upgraded Side ‘A’ directors & officers excess and lead difference-in-conditions insurance policy provides broad ‘Side A’ …

Travelers Adds Broad Form Plus+ to D&O Liability Portfolio

Travelers has added Broad Form Plus+ to its portfolio of directors and officers (D&O) coverages as a way to protect against concerns above and beyond corporate liabilities. While many companies typically provide protection to their directors and officers for defense …

Beazley, Hiscox Form D&O Consortium with Capacity up to $50 Million

Lloyd’s of London insurers Beazley and Hiscox have partnered to offer brokers and clients a D&O consortium through which the syndicates will provide materially higher limits and offer additional options to complex risks for U.S.-domiciled companies. Central to the proposal …

Berkshire Hathaway Specialty Insurance Introduces D&O Liability Policy

Berkshire Hathaway Specialty Insurance (BHSI) has launched Executive First, a directors & officers liability insurance policy designed to address the complex and volatile risks facing directors, officers and their companies. Executive First is targeted towards large commercial and financial organizations. …