Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
A Tale of Two Markets
Apr 5 2010 // What to Expect in the D&O Liability Renewal Market Your client’s directors and officers liability policy is coming up for renewal. What can you expect from the market? Like the Dickens classic, this is a tale of...
Woodruff-Sawyer Protects Independent Directors with Personal Policy
Apr 1 2010 // Woodruff-Sawyer & Co. has crafted a new personal protection solution called Wealth Security Policy for independent board members through a collaboration with an A+ XV rated Insurer. Independent directors of...
Zurich Targets Emerging Public Companies With Management Liability
Mar 26 2010 // Zurich’s Specialties’ Management Solutions Group has created a new practice aimed at offering management liability insurance to public emerging growth companies with revenues under $500 million. The new...
Petros Joins Marsh’s Financial and Professional Practice
Feb 9 2010 // Marsh announced that Eleni Petros has been appointed as a Senior Vice President in its Financial and Professional (FINPRO) Practice in London. She specialises in Directors’ and Officers’ (D&O) insurance for...
Navigators Replacing CNA on Schinnerer Non-Profit D&O Program
Jan 14 2010 // CNA and Victor O. Schinnerer & Co., Inc. are ending their carrier and managing general underwriter relationship in the non-profit directors and officers (D&O) program. The split, which the firms said is amicable,...
Aon: P/C Market and D&O Market to Further Stabilize in 2010
Dec 10 2009 // Property, casualty and directors’ and officers’ (D&O) liability insurance rates will continue to stabilize in 2010, according to Aon Corp.’s U.S. Q3 ’09 Quarterly Market Overview. Highlights of...
Options Backdating Settlement Has Important D&O Insurance Implications
Dec 6 2009 // In what may be a watershed event for the directors and officers (D&O) insurance industry, the parties to the consolidated federal options backdating-related shareholders’ derivative lawsuit involving Broadcom...
Stanford Sues Lloyd’s of London for Defense Fees Under D&O Policy
Nov 25 2009 // Allen Stanford, who faces U.S. criminal and civil charges for allegedly leading a $7 billion Ponzi scheme, is suing Lloyd’s of London for defense costs. Lloyd’s had advanced some legal fees under a directors...
Forecast: Still Soft
Nov 1 2009 // Analysts Forecast Healthy Q3 Reports from Insurers promised the headline on Insurance Journal Oct.22. Reuters was reporting that third-quarter earnings reports from insurers would look a lot better than they did a year ago...
A Soft Landing
Nov 1 2009 // This soft market is likely to linger into the New Year. Analysts Forecast Healthy Q3 Reports from Insurers” promised the headline on Insurance Journal‘s Web site, www.insurancejournal.com, on Oct.22. Reuters...
Forecast: Still Soft
Nov 1 2009 // Analysts Forecast Healthy Q3 Reports from Insurers promised the headline on Insurance Journal Oct.22. Reuters was reporting that third-quarter earnings reports from insurers would look a lot better than they did a year ago...
What to Watch Now in the World of D&O
Nov 1 2009 // Due to constantly evolving financial and litigation environments, the issues that are most critical in the world of directors’ and officers’ liability insurance vary significantly over time. This overview...
Increase in IPOs Causing Surge for D&O Coverage Says Marsh
Oct 29 2009 // According to a bulletin from Marsh’s London office the “increase in the number of companies considering an initial public offering (IPO) or general capital raising is behind a surge in interest in taking out...
2010 Looks to Be Painful Year for P/C Insurers, Brokers: Advisen
Oct 22 2009 // Economists have declared the Great Recession over, but its lingering effects will continue to chip away at commercial property/ casualty premiums through 2010, according to insurance experts. A new Advisen Ltd. briefing...
Marsh Launches Private Company D&O Liability Diagnostic Tool
Oct 22 2009 // Marsh’s London office announced that it has launched a new Directors’ and Officers’ (D&O) liability diagnostic tool for private companies domiciled in the UK. “The service is free to clients...
Judge: Stanford, Others May Seek Defense Fees From Lloyd’s D&O Policy
Oct 13 2009 // Financier Allen Stanford and other executives who face charges related to an alleged $7 billion fraud may file claims for defense funds under a directors’ and officers’ insurance policy, a federal judge said...
California’s Woodruff-Sawyer Buys Western D&O from Carpenter Moore
Oct 6 2009 // California insurance agency Woodruff-Sawyer & Co. has acquired the Western region direct practice of Carpenter Moore from NASDAQ OMX Group Inc., according to the company. The Western region direct practice, based in...
Lloyd’s D&O Coverage an Issue in Stanford Fraud Case
Oct 5 2009 // Lloyd’s of London has told a federal judge he should not allocate the proceeds of a directors and officers insurance policy for accused swindler Allen Stanford and other executives because they have no guarantee of...
Lloyd’s Directors & Officers Insurance At Issue in Stanford Fraud Case
Sep 15 2009 // Lloyd’s of London said a federal judge should not allocate the proceeds of a directors and officers insurance policy for accused swindler Allen Stanford and other executives because they have no guarantee of...
Willis Survey Finds UK Commercial D&O Sector Resists Rate Increases
Sep 14 2009 // A new survey by Willis concludes that “the commercial sector continues to resist the sharp rate increases for Directors & Officers insurance seen in the financial institutions sector, with the average premium...
