Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Study: Subprime Crisis Not Materially Affecting D&O or E&O Pricing
Feb 5 2008 // The crisis in the subprime mortgage market has had little impact on availability, cost or policy conditions of directors and officers liability (D&O) and errors and omissions liability (E&O) insurance policies,...
The Subprime Mess Spills Into ERISA Lawsuits
Jan 27 2008 // Lawsuits against 401(k) plan fiduciaries and fund managers on the rise In recent 2007 year-end studies, both Cornerstone Research and NERA Economic Consulting documented how the subprime-related litigation wave drove an...
AIG Enhances Corporate Counsel Policy
Jan 23 2008 // The heightened risk of being named in securities litigation has lead corporate counsel to face increasing liability exposures from a variety of claimants. These liabilities may result from legal services provided on behalf...
Survey: Prices Continue to Drop for Commercial Lines Market
Jan 14 2008 // Commercial lines insurance premiums continued to tumble during the fourth quarter of 2007, according to the RIMS Benchmark Survey, an industry survey of policy renewal prices as reported by corporate risk managers. Despite...
Monitor Offers Individual Independent Director Insurance Coverage
Dec 12 2007 // Monitor Liability Managers, Inc. (Monitor), a member company of W. R. Berkley Corp., recently announced the launch of a new Independent Director Lliability (IDL) insurance policy that provides individual protection to...
Chubb Offers New D&O Policy with Board Committee Endorsement
Nov 21 2007 // The Chubb Group of Insurance Cos. has introduced Executive Elite, an excess directors and officers (D&O) liability policy that provides a dedicated limit of liability for directors and officers that is not shared with...
ACE UK Launches ‘Elite’ to Protect Directors & Officers Assets
Nov 16 2007 // ACE UK announced that it has launched “ACE Elite,” which it described as a “portfolio of liability products designed to provide more relevant and appropriate protection in addressing the increased...
Willis Analyzes ‘Subprime Crisis’
Nov 13 2007 // Willis Group Holdings has released an alert from the Company’s Financial Institutions (FI) practice, which looks at the meltdown in the U.S. subprime mortgage industry, which it notes is an “issue that has...
Travelers Expands Directors & Officers Coverage
Nov 6 2007 // Travelers introduced its Advantage 500M for Public Companies, an enhanced directors and officers (D&O) liability policy that is specifically designed to offer more comprehensive coverage for growing public companies...
Small market share insurers file 2.5% decrease
Nov 4 2007 // 10 Mass. caps auto hikes at 10% Because the shooter was in an uninsured car, says N.J. court 12 Driving the transition An interview with Mass. Commissioner Burnes N1 Survey reports drop in new lawsuits Actions filed...
British D&O insurer asks N.Y. court to confirm that former Tyco chief owes $2 million
Nov 4 2007 // A British insurance company has asked a New York state court to confirm an arbitration award that directs imprisoned corporate thief L. Dennis Kozlowski, former head of Tyco International Ltd., to pay nearly $2 million...
Options Backdating: One year later
Nov 4 2007 // A year ago, the emerging stock options backdating scandal was a hot topic, dominating the headlines of the financial pages and commanding the attention of the professional liability industry. The options backdating story...
Options Backdating: One year later
Nov 4 2007 // A year ago, the emerging stock options backdating scandal was a hot topic, dominating the headlines of the financial pages and commanding the attention of the professional liability industry. The options backdating story...
How to Beat the Soft Market Blues
Nov 4 2007 // The market for management liability coverages is soft. Premiums are down, which means revenues are down. Yet there still are tremendous opportunities for proactive agents and brokers to sell the coverages, according to...
10 Calif. DOI partners with CAL FIRE
Nov 4 2007 // Groups aim to prevent fire losses during height of wildfire season 10 Hawaii approves 19.3% workers’ comp decrease NCCI recommended 16.8 percent drop 10 Calif. approves AAA’s 6.5% auto rate reduction Carrier...
Options Backdating: One year later
Nov 4 2007 // A year ago, the emerging stock options backdating scandal was a hot topic, dominating the headlines of the financial pages and commanding the attention of the professional liability industry. The options backdating story...
D&O underwriters assess the subprime meltdown
Nov 4 2007 // When defaults in U.S. mortgages reached record levels in the second quarter of 2007, forcing a large number of subprime mortgage lenders to shut down or file for bankruptcy, the fallout spread quickly throughout the...
Value analysis in the current D&O market
Nov 4 2007 // Competition in the insurance market is heating up, and as the directors and officers (D&O) market continues to soften, primary carriers are looking for new ways to differentiate themselves and broaden their...
D&O Insurer Asks N.Y. Court to Confirm Tyco Chief Owes $2 MIllion
Oct 17 2007 // A British insurance company has asked a New York state court to confirm an arbitration award that directs imprisoned corporate thief L. Dennis Kozlowski, former head of Tyco International Ltd., to pay nearly $2 million...
D&O, Business Insurance Prices – Except Property – Continue to Drop
Oct 2 2007 // Steady erosion of commercial insurance industry pricing continued during the third quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk...
