Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Declarations
Aug 1 2011 // Housing and Recovery “Ensuring that residents, and especially families, have access to adequate, affordable housing is a critical part of that recovery process.” —Missouri Gov. Jay Nixon, announcing plans to...
Who Is Paying News Corp. Legal Bills? – D&O Coverage Heavily Involved
Aug 1 2011 // With executives from News Corp., the media giant owned by Rupert Murdoch, and some of its subsidiaries heading for the exits, legal bills from the phone-hacking scandal rocking the company are no doubt stacking up. But...
Who Is Paying News Corp. Legal Bills? – D&O Coverage Heavily Involved
Jul 20 2011 // With executives from News Corp. and some of its subsidiaries heading for the exits, legal bills from the phone-hacking scandal rocking the company are no doubt stacking up. But depending on the companies’ directors...
Marsh Launches Coverage for Foreign Corrupt Practices Act Investigation Costs
Jul 12 2011 // Marsh has created a new form of insurance protection designed to provide coverage for Foreign Corrupt Practices Act (FCPA) investigations. Developed by Marsh’s Financial and Professional Liability Practice (FINPRO),...
U.S. Hurricane Season Could Be Market Tipping Point: Marsh
Jul 11 2011 // Reacting to the recent spate of major natural catastrophes, insurers are being more selective in the capital they deploy and have in some cases withdrawn from catastrophe affected regions and loss-making sectors of...
Casualty Actuaries Should Consider Foreign Customs, Economics, Politics
Jun 23 2011 // A bulletin from the Insurance Information Institute notes that a recent Casualty Actuarial Society seminar advises actuaries that when it comes to pricing global reinsurance business, it’s important to remember that...
Bowden joins Lloyd’s Marketform as D&O Underwriter
Jun 8 2011 // Lloyd’s insurer Marketform announced that Directors’ and Officers’ liability underwriter Alexis Bowden has joined the company. She spent 11 years underwriting D&O at ACE European Group prior to...
Willis Launches All Risk Cover for Company Directors
May 20 2011 // Willis has responded to the “increasingly challenging” regulatory environment in the UK by introducing an enhanced professional liability product with the acronym DARCSTAR, which stands for Directors’ All...
Liberty International Underwriters in Europe Launches Football Charity Appeal
May 4 2011 // The London office of Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, announced that it is organizing a charity football match at Charlton Athletic’s Valley ground on...
Marsh Launches Dodd-Frank/FDIC Receivership Endorsement
Apr 25 2011 // To provide additional cover to executives and directors at financial companies, whose personal assets are now at greater risk as a result of expanded Federal Deposit Insurance Corp. (FDIC) authority, Marsh has created a...
No on D&O
Apr 4 2011 // Giant Berkshire Hathaway, which makes much of its money on insurance and investing insurance premiums, does not provide liability insurance for its own directors. Warren Buffett, the 80-year-old chairman of Berkshire...
How Extensive Will the FDIC’s Claims Against Failed Banks’ Outside Professionals Be?
Apr 4 2011 // If a lawsuit filed on Feb. 7, 2011, in the Northern District of Georgia is any indication, the Federal Deposit Insurance Corp.’s (FDIC) efforts to pursue liability claims will not only include suits against the...
How Extensive Will the FDIC’s Claims Against Failed Banks’ Outside Professionals Be?
Apr 4 2011 // If a lawsuit filed on Feb. 7, 2011 in the Northern District of Georgia is any indication, the Federal Deposit Insurance Corp.’s (FDIC) efforts to pursue liability claims will not only include suits against the...
How Extensive Will the FDIC’s Claims Against Failed Banks’ Outside Professionals Be?
Apr 4 2011 // If a lawsuit filed on Feb. 7, 2011, in the Northern District of Georgia is any indication, the Federal Deposit Insurance Corp.’s (FDIC) efforts to pursue liability claims will not only include suits against the...
How Extensive Will the FDIC’s Claims Against Failed Banks’ Outside Professionals Be?
Apr 4 2011 // If a lawsuit filed on Feb. 7, 2011, in the Northern District of Georgia is any indication, the Federal Deposit Insurance Corp.’s (FDIC) efforts to pursue liability claims will not only include suits against the...
No to D&O
Apr 4 2011 // Giant Berkshire Hathaway, which makes much of its money on insurance and investing insurance premiums, does not provide liability insurance for its own directors. Warren Buffett, the 80-year-old chairman of Berkshire...
Why Community Associations Need Proper D&O Coverage
Apr 4 2011 // Board Members Today Face Common Claims from Foreclosure, Bankruptcy, Discrimination and Others It’s called “sleep insurance” for a reason. Directors and officers (D&O) liability insurance helps...
CNA Launches Customized Product for Community Banks
Mar 28 2011 // In April, CNA will join other members of the Independent Community Bankers of America (ICBA) to celebrate Community Banking Month with the announcement of its customized Epack Extra form for Community Banks. The...
Hot Programs and Products
Mar 21 2011 // Here’s what some insurers and brokers have been up to recently, inventing and tweaking key programs and coverages. Liability: Professional, E&O, D&O, EPLI CNA launched Epack Extra, an enhanced version of...
No on D&O
Mar 21 2011 // Giant Berkshire Hathaway, which makes much of its money on insurance and investing insurance premiums, does not provide liability insurance for its own directors. Warren Buffett, the 80-year-old chairman of Berkshire...
