Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Estimating the Credit Crisis Insurance Losses
Nov 30 2008 // On Nov. 5, 2008, the insurance information firm Advisen issued an updated forecast of insurance losses likely to arise from the credit crisis. Advisen is now estimating aggregate directors and officers, and errors and...
Estimating the Credit Crisis Insurance Losses
Nov 30 2008 // On Nov. 5, 2008, the insurance information firm Advisen issued an updated forecast of insurance losses likely to arise from the credit crisis. Advisen is now estimating aggregate directors and officers, and errors and...
Has the Credit Crisis Litigation Wave Reached an Inflection Point?
Nov 2 2008 // D&O Insurance Marketplace Entering a Transitional Phase The growing wave of subprime-related litigation is among the many side effects of the subprime mortgage meltdown. The litigation wave has changed, too, as the...
Has the Credit Crisis Litigation Wave Reached an Inflection Point?
Nov 2 2008 // D&O Insurance Marketplace Entering a Transitional Phase The growing wave of subprime-related litigation is among the many side effects of the subprime mortgage meltdown. The litigation wave has changed, too, as the...
More Lawsuits, Firmer Prices on the Horizon for Executive Liability
Nov 2 2008 // Property Premiums Fall Sharply; P/C Insurers Post Q3 Losses; Some Sell Stock to Raise Cash for Surplus Woes More lawsuits and firmer rates for directors and officers liability coverage are almost certainly ahead as a...
Increased Vulnerability of Executive Suite Makes D&O a Critical Coverage
Nov 2 2008 // Public, Private and Non-Profits Cannot Afford To Be Without Management Liability Coverage Today
BRP, QBE Offer Packaged Liability Policy for Small, Mid-Sized Firms
Oct 23 2008 // Companies of all sizes are vulnerable to potentially devastating management, employment and fiduciary liability lawsuits. Even claims filed without merit can result in defense expenses that are financially draining....
Towers Perrin Sees P/C Insurer Surplus Decline of 8% for Q3
Oct 22 2008 // The U.S. property/ casualty industry’s reported statutory surplus at the end of the third quarter is projected to decline as much as $42 billion, or 8 percent, from the beginning of the year, according to estimates...
ACE Extends Commercial D&O Offering into Lloyd’s
Oct 17 2008 // ACE Europe announced that it has extended broker access to its market-leading Directors & Officers (D&O) portfolio by writing commercial D&O risks at Lloyd’s. Commercial D&O is now available...
Competitors Offer to Fill the Gaps
Oct 6 2008 // There have been some subtle and not-so-subtle moves by competitors in reaction to AIG’s troubles. Navigators Pro increased its capacity for directors and officers (D&O) liability insurance, citing the...
Marsh Notes Increase in UK Class Actions Spurs Coverage Demands
Sep 23 2008 // A combination of “class action contagion from the US and growing economic uncertainly have spurred an unprecedented surge in the demand for management liability insurance among the UK’s top firms,”...
Conning: D&O Market Finds Way to Grow Even In Overall Soft Market
Sep 22 2008 // Over the past decade, the directors and officers liability market has grown faster than the broader property/casualty market, at nearly double the rate of the commercial lines average. Premium growth has come from pricing,...
Conning Research: Niche Focus Spells Success in D&O Market
Sep 2 2008 // Over the past decade, the directors and officers liability insurance market has grown faster than the broader property/casualty market, at nearly double the rate of the commercial lines average. Premium growth has come...
Mid-Year 2008: Securities Lawsuit Filings Remain Up
Aug 21 2008 // The continued steady subprime and credit crisis-related lawsuit filing level suggests that the litigation wave will continue during the second half of 2008. Is litigation stemming from the subprime- and credit...
People
Aug 4 2008 // Narragansett Bay Insurance Co. of Pawtucket, Rhode Island has named Mark Talerico chief risk officer. Talerico will oversee Narragansett’s distribution of risk in homeowners insurance, and guide the insurers exposure...
Mid-Year 2008: Securities Lawsuit Filings Remain Up
Aug 4 2008 // Subprime and Credit Crisis Filings Show No Sign of Abating Is litigation stemming from the subprime- and credit crisis-related activity increasing directors’ and officers’ insurance premiums? Despite the steady...
LIU Creates D&O Coverage to Protect Against Global Warming Litigation
Jul 31 2008 // Liberty International Underwriters, a part of Liberty Mutual Group, has created Private Advantage Company Combo policy to provide broad private company management coverage for directors and officers, employment practices...
Survey: Private Firms More Exposed to Liability Risks, But Less Protected
Jul 30 2008 // More than one-third of U.S. businesses do not purchase any type of management or professional liability insurance. Yet, two out of three U.S. private companies have experienced some type of event related to management or...
Sustainability Risks Create Challenges for Actuaries
Jul 8 2008 // Sustainability risks are one of the most critical emerging risk areas of the 21st century and actuaries will need to develop mitigation and financing strategies for handling them. “Sustainability risks are going to...
ACE to Issue Enhanced ‘CODA’ Policies at Inception
Jun 23 2008 // ACE Bermuda International announced that effective July 1, 2008 all CODA policies will be issued at inception. The company also announced the launch of its new 2008 CODA policy aimed at the UK business market, featuring...
