Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Marsh Sees ‘Demand Surge’ in Romania’s Compulsory D&O Law
Mar 2 2007 // “Changes to Romanian corporate law, making it compulsory for companies to purchase directors’ & officers’ liability insurance (D&O), are creating a surge in demand for cover,” according to...
Declarations
Feb 26 2007 // Stellar statistic “This is the most remarkable statistic of all. The combined ratio we estimate to be about 94 for the year. That would be the best result since 1955.” — Dr. Robert Hartwig, president and...
Corporate governance, capital drive D&O liability prices down
Feb 26 2007 // Changing corporate governance practices and excess capital in the insurance market have made directors’ and officers’ liability premiums drop in recent years, and rate level erosion in almost every line of...
Should D&O insurers have a loss prevention role?
Feb 26 2007 // Why don’t directors and officers insurers insist on corporate governance reform from their insureds as a precondition of coverage, the way property and workers’ compensation insurers condition their coverage on...
D&O experts show little tendency to drink from a glass ‘half full’
Feb 26 2007 // Corporate governance, stockholder activism, pricing discipline, a surprise event to define next D&O cycle Things are about as good as they can get right now in the directors and officers liability environment but that...
A new direction for directors and officers coverage
Feb 26 2007 // Changes in attitudes, lawsuits, statutes worldwide force global companies to buy locally-admitted D&O A company that acquires a new property in a foreign country will usually review its property and casualty insurance...
8 La.’s Blanco: Industry over-reacting to hurricanes
Feb 25 2007 // Governor says state is making headway on storm protection 9 Ark. auto insurance fraud suspect turns self in Fraud ring allegedly scammed hundreds of thousands of dollars 10 New Orleans couple drops suit against Allstate No...
Declarations
Feb 25 2007 // Stellar statistic “This is the most remarkable statistic of all. The combined ratio we estimate to be about 94 for the year. That would be the best result since 1955.” — Dr. Robert Hartwig, president and...
Corporate governance, capital drive D&O liability prices down
Feb 25 2007 // Changing corporate governance practices and excess capital in the insurance market have made directors’ and officers’ liability premiums drop in recent years, and rate level erosion in almost every line of...
Should D&O insurers have a loss prevention role?
Feb 25 2007 // Why don’t directors and officers insurers insist on corporate governance reform from their insureds as a precondition of coverage, the way property and workers’ compensation insurers condition their coverage on...
8 Agents welcome windstorm debate
Feb 25 2007 // Insurers warn against subsidies 10 Safeco to cut homeowners, commercial rates 200,000 Calif. customers to benefit, company says 10 Ariz. lawmakers move to raise burden of proof on ER suits Identical bill vetoed by Gov....
D&O experts show little tendency to drink from a glass ‘half full’
Feb 25 2007 // Things are about as good as they can get right now in the directors and officers liability environment but that doesn’t necessarily comfort D&O brokers and underwriters in this high-profile segment; instead it...
A new direction for directors and officers coverage
Feb 25 2007 // Even though they may not be compelled by law to buy locally admitted D&O insurance, many companies may find that the global solution they’ve purchased for years is no longer satisfactory. A company that acquires...
Corporate Governance, Capital Drive D&O Liability Prices Down
Jan 30 2007 // Changing corporate governance practices and excess capital in the insurance market have made directors and officers (D&O) liability premiums drop in recent years, according to Advisen Ltd., a provider of analytics,...
Enron’s legacies and directors and officers risk
Jan 29 2007 // Shortly after former Enron CEO Jeffrey Skilling’s Oct. 23, 2006, sentencing, the Enron Task Force said it was closing down, with its mission mostly complete. Yet did that event really signal an endpoint in the Enron...
Enron’s legacies and directors and officers risk
Jan 28 2007 // Shortly after former Enron CEO Jeffrey Skilling’s Oct. 23, 2006, sentencing, the Enron Task Force said it was closing down, with its mission mostly complete. Yet did that event really signal an endpoint in the Enron...
Former Marsh Exec Ryder to Direct Beecher Carlson Liability Team
Jan 26 2007 // Insurance broker Beecher Carlson has expanded its New York Executive Liability team with the addition of Frederick A. Ryder as managing director. Ryder will focus on business and client development for Executive Liability...
NAS Offers its EPLI Insureds Stand-Alone D&O
Jan 17 2007 // Encino, Calif.-based NAS Insurance Services has a new stand-alone, simplified D&O writeNOW! insurance program for its EPLI insureds. The D&O program features limits up to $1 million with a self0insured retention...
D&O Insurers Not Worried About Stock Options Backdating Probes…Yet
Jan 12 2007 // The insurance industry does not think the emerging scandal over backdating of stock options will reach a point where it will pose a major claims problem for insurers of directors and officers. “If it were a problem,...
Chubb Introduces Specialized D&O Coverage for Small Public Companies
Jan 10 2007 // The Chubb Group of Insurance Companies has introduced specialized directors and officers (D&O) liability insurance for publicly traded companies with market capitalizations of $100 million or less. These...