Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
The Hartford’s Berner Joins Allied World’s Public D&O Team
Jun 29 2016 // Allied World Assurance Co. has appointed Marc Berner to its North American Public Directors and Officers (D&O) underwriting team. Berner will be based in New York in the role of vice president, Public and Private...
How to Avoid D&O Policy Pitfalls – and Declined Claims: Marsh Report
Jun 20 2016 // When a directors and officers (D&O) claim is declined, it can be catastrophic for an insured, forcing the company to deal with “the financial costs of a claim or loss entirely on its own,” according to a...
How to Avoid D&O Policy Pitfalls – and Declined Claims: Marsh Report
Jun 8 2016 // When a directors and officers (D&O) claim is declined, it can be catastrophic for an insured, forcing the company to deal with “the financial costs of a claim or loss entirely on its own,” according to a...
Nexus Signs 3-Year Capacity Deal with XL Catlin to Write Financial Lines in Asia
May 31 2016 // Nexus Underwriting, the independent specialty managing general agent (MGA), has signed a three year underwriting capacity deal with XL Catlin in Asia through XL Insurance Co. SE. Through its new branch based in Hong Kong,...
Taking Stock of D&O Insurance Market: Capacity, Coverage and Culpability
May 10 2016 // The directors and officers (D&O) liability marketplace continues to find softening rates and intense competition especially in excess layers, according to industry executives. The industry is also seeing a continuing...
Court: Tribune Shareholder Suit Against Chicago Insurance Broker May Proceed
Apr 18 2016 // Finding an exclusion in a directors and officers (D&O) policy to be “ambiguous,” an Illinois appeals court has allowed to proceed a lawsuit filed against a large Chicago insurance brokerage by two former...
PURE Insurance Launches Non-Profit D&O Coverage
Apr 14 2016 // Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high net worth individuals and families, has made several enhancements to its personal excess liability...
Tribune Shareholder Suit Against Chicago Insurance Broker OK’d to Proceed
Apr 8 2016 // Finding an exclusion in a directors and officers (D&O) policy to be “ambiguous,” an Illinois appeals court has allowed to go forward a lawsuit filed against a large Chicago insurance brokerage by two former...
Ironshore’s Pembroke Agency Expands UK Financial Institutions’ D&O Cover
Apr 8 2016 // Ironshore’s Pembroke Managing Agency Ltd. has enhanced its directors & officers liability product for financial institutions to reflect U.K. regulation. The new regulation, known as the “Senior Managers...
Talbot & Markel Offer D&O Facility in MEA Region with Per-Risk Capacity of $30M
Apr 6 2016 // Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., has joined forces with specialist insurer Markel International to provide a facility for directors and officers risks in the Middle East and...
D&O Marketplace Continues to See Softening Rates
Mar 21 2016 // The directors and officers (D&O) liability marketplace continues to find softening rates and intense competition especially in excess layers, according to industry executives. The industry is also seeing a continuing...
How Insurance for Nonprofits Has Changed for the Better
Mar 9 2016 // When Pamela Davis started in the insurance industry 26 years ago, there were few insurance markets willing to take on the unique risks of nonprofit organizations. Back then, says Davis, who is now president and CEO of the...
Insurance Journal TV Offers Exclusive New Videos From the 2016 PLUS D&O Symposium
Feb 26 2016 // San Diego, CA, February 26, 2016 – New video interview with Ryan Specialty Group Chairman and CEO Pat Ryan, along with other videos from the 2016 PLUS D&O Conference in New York now on...
Oklahoma Files Suit Against Directors, Officers of Failed Insurer, Red Rock
Feb 22 2016 // Oklahoma insurance regulators have filed suit against two New York financiers who took control of a failed Oklahoma insurance company, saying the pair and others infused it with allegedly worthless assets and used it as a...
Then and Now in the Nonprofit Market
Feb 8 2016 // The nonprofit sector is not what it used to be. This critical sector represents more than 1.5 million organizations and accounts for almost 10 percent of all salaries and wages paid in the United States. And it’s...
Oklahoma Files Suit Against Directors, Officers of Failed Insurer, Red Rock
Feb 3 2016 // Oklahoma insurance regulators have filed suit against two New York financiers who took control of a failed Oklahoma insurance company, saying the pair and others infused it with allegedly worthless assets and used it as a...
BHSI Launches D&O & PI Cover in Australia, Expands Team
Jan 19 2016 // Berkshire Hathaway Specialty Insurance Company (BHSI) has launched four new executive and professional lines policies in Australia and named Sami Jaghbir as senior underwriting manager, Executive & Professional Lines,...
Softening of P/C Commercial Markets to Continue: Fitch
Dec 21 2015 // 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...
Softening of P/C Commercial Markets, Including D&O, to Continue: Fitch
Dec 8 2015 // 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...
Cyber Security: Insurance as an Essential Part of Risk Management
Dec 7 2015 // The cost and frequency of cyber-related security threats are on the rise. Some estimates claim that one-in-six businesses have experienced a cyber attack in the past year while the cost of cyber attacks on global...
