Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Aon Survey Finds UK’s D&O Premiums Still Below U.S. Rates
Sep 9 2009 // According to Aon’s Quarterly D&O Pricing Index, “US financial institutions (FI) saw premium increases of 15 percent on average in Q2,” as did a number of the UK’s financial institutions....
Travelers Offers Network and Information Security Offense Coverage
Aug 27 2009 // Travelers Bond & Financial Products is now offering Network and Information Security Offense coverage endorsements on its Wrap+ policies. These endorsements are available for eligible policyholders in targeted private...
D&O Insurance: Cost Versus Value
Jul 20 2009 // Not Like Your Typical Running Shoes Most reasonably sophisticated consumers understand that the cheapest running shoes may be no bargain, that the least expensive cellular plan may have big gaps, and that selecting legal...
Buying D&O Insurance on Price Alone: Careless
Jul 20 2009 // Most reasonably sophisticated consumers understand that the cheapest running shoes may be no bargain, that the least expensive cellular plan may have big gaps, and that selecting legal counsel based on which attorney...
D&O Insurance: Cost Versus Value
Jul 20 2009 // Not Like Your Typical Running Shoes Most reasonably sophisticated consumers understand that the cheapest running shoes may be no bargain, that the least expensive cellular plan may have big gaps, and that selecting legal...
Insurance in Times of Financial Crisis
Jun 15 2009 // Legal Issues To Be Aware Of With EPL, D&O and Fiduciary Liability Insurance The current financial crisis affects almost every aspect of our business life — that includes insurance. Businesses need to be wise...
Berkshire’s National Indemnity Backs XL Capital D&O
Jun 10 2009 // A unit of Warren Buffett’s Berkshire Hathaway Inc. has agreed to provide guarantees on XL Capital Ltd directors and officers (D&O) liability insurance policies that protect corporate boards and executives...
Guy Carp Report Details EU Developments Affecting Insurance
Jun 9 2009 // Guy Carpenter & Company has published the latest installment in its series of updates on key legislative and legal developments impacting insurers and reinsurers in Continental Europe. The briefing addresses the...
The Growing Number of Bank Failures and the D&O Insurance Marketplace
Jun 1 2009 // In what has become a ritual, each Friday evening the Federal Deposit Insurance Corp. (FDIC) announces the names of the banks it has taken over that week. As of May 19, 2009, the number of year-to-date bank closures stands...
Surplus Lines Brokers Report No Change in Capacity; Increase in Submissions
May 28 2009 // Catastrophic events, the economy and changes in reinsurance capacity have the greatest impact on the availability and pricing of specialty lines coverage in 2009, according to professionals in the surplus lines...
An Awakened Washington Promises More Stress for Directors & Officers
May 11 2009 // Corporations and their directors and officers are living in fear. Fear of the next financial scandal, the next stock market plunge, the next lawsuit. Fear of bankruptcy. Fear of angry policymakers inside Washington and...
Risk Managers Report ‘Soft Landing’ for Market Pricing
May 4 2009 // Insurance premiums for businesses continued to slide towards a “soft landing” rather than an abrupt reversal resulting in rate increases, according to risk managers. While banks and other financial institutions...
Willis Study Finds ‘Buyers’ Market’ for Commercial D&O in Q1
Apr 27 2009 // According to a report from Willis Group Holdings, “over the last three months, London market insurers reported an average premium reduction of eight percent on renewal business for the commercial sector’s...
Risk Managers Report ‘Soft Landing’ for Market Pricing
Apr 21 2009 // Insurance premiums for businesses continued to slide towards a “soft landing” rather than an abrupt reversal resulting in rate increases, according to risk managers. While banks and other financial institutions...
Corporate Defaults, Bankruptcies and D&O Claims
Apr 20 2009 // Deteriorating economic conditions threaten a massive wave of corporate defaults. Corporate borrowers’ inability to fulfill debt obligations could prompt a bankruptcy filing surge and lead to lawsuits as creditors and...
Willis Finds Credit Crunch Fallout Raises Financial Premiums by 15%
Apr 17 2009 // A report from FINEX Global, Willis’ London-based Financial, Executive Risk and Professional Liability business, has found that financial institutions (FI) face “an average premium hike of 15 percent in early...
Marsh Finds Growing Demand for D&O Coverage as Claims Rise
Apr 9 2009 // “Concerns about the global economy, shareholder action, litigation, and the increasing engagement by regulators are fuelling demand for Directors’ and Officers’ (D&O) insurance,” according to...
LIU, Five Star Specialty Launch Nonprofit Management Liability Program
Apr 9 2009 // Liberty International Underwriters (LIU), a division of Liberty Mutual Group, has partnered with Five Star Specialty Programs (Five Star), a division of Crump Insurance Services Inc., to create a new insurance program for...
National Insurance Partners’ New Product Covers Independent Directors
Apr 6 2009 // Austin, Texas-based National Insurance Partners Inc. (NIP) has launched a broad form of directors and officers insurance coverage for independent directors of companies. X-PROTECT is offered in partnership with the...
Nebraksa Rules Insurance Exclusion Applies to Liquidator
Apr 6 2009 // A regulatory exclusion in a directors and officers liability insurance policy applies to an insurance regulator acting as liquidator, according to the Nebraska Supreme Court. The ruling is believed to be the first by any...
