Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Preferred Club Program Adds D&O Market from RSUI
Feb 23 2006 // Venture Insurance Program’s Preferred Club Program has added a new market for Directors’ & Officers’ liability coverage with RSUI. RSUI’s D&O coverage, rated “A” (Excellent)...
Irwin Siegel Agency Announces New D&O Program
Feb 7 2006 // Rock Hill, NY – Irwin Siegel Agency, Inc. (ISA), a leading specialty program underwriter for the Social Services field recently announced a new Directors and Officers (D&O) Program. The new D&O Program will...
D&O EXCESS LIMITS UP BUT PREMIUMS DOWN
Feb 6 2006 // Directors and officers liability insurance capacity leveled off at about $1.5 billion in 2005, about where it was in 2004, while coverage restrictions continued to ease, according to D&O Liability 2005 Survey...
D&O excess limits up but premiums down
Feb 5 2006 // Directors and officers liability insurance capacity leveled off at about $1.5 billion in 2005, about where it was in 2004, while coverage restrictions continued to ease, according to D&O Liability 2005 Survey...
D&O Liability Premiums Fall for Second Straight Year, Tillinghast Survey Says
Jan 26 2006 // Directors and officers liability insurance average premium index dropped another 9 percent in 2005 after dropping 10 percent in 2004, while half of all public and private companies have received D&O inquiries from...
Willis Webcast Focuses on Global D&O
Jan 20 2006 // As part of its ongoing series of Webcasts dealing with the global insurance environment, international broker and risk manager, Willis Group Holdings, published a Webcast on Thursday, Jan. 19, entitled “How Global is...
The Ins and Outs of Claims-Made Policies
Dec 19 2005 // Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employment Practices Liability and other miscellaneous professional liability policies,...
The Ins and Outs of Claims-Made Policies
Dec 18 2005 // Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employment Practices Liability and other miscellaneous professional liability policies,...
Duty to or Non Duty to Defend: What is the Best Defense Provision?
Dec 18 2005 // As insurance professionals, we are all familiar with “duty to defend” language commonly associated with general liability policies. But are you familiar with, or did you even know there is, “non duty to...
National Union Fire’s Hedge Fund Protector Targets $875 Billion Industry
Dec 13 2005 // National Union Fire Insurance Company of Pittsburgh, Pa., a member company of American International Group, Inc., is offering Hedge Fund Protector, a new insurance policy designed to protect hedge fund managers, directors...
Nonprofits’ Insurance Alliance of California Offers New D&O Product
Dec 6 2005 // Effective Jan. 1, 2006, the Nonprofits’ Insurance Alliance of California (NIAC) and Alliance of Nonprofits for Insurance, Risk Retention Group (ANI-RRG) will offer a new D&O Product for 501(c)(3) nonprofit...
More Teeth for the D&O Fraud Exclusion
Dec 5 2005 // Insureds need to understand the circumstances under which their insurer may invoke the fraud exclusion to deny coverage or leverage a reduction in potential payouts. Imagine that you are a new independent director of a...
Should the D&O Fraud Exclusion Have More Teeth?
Dec 5 2005 // The company’s stock price dropped substantially and shareholder plaintiffs have asserted numerous lawsuits against your company, the former CEO and CFO, and all independent directors–including you. Alleged...
The Ins and Outs of Claims-Made Policies
Dec 5 2005 // Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employ-ment Practices Liability and other miscellaneous professional liability policies,...
More Teeth for the D&O Fraud Exclusion
Dec 4 2005 // A D&O policy may require the insurer to continue advancing defense costs on behalf of “black hat” co-defendants until there is a “final adjudication” of wrongdoing. Insureds need to understand...
Should the D&O Fraud Exclusion Have More Teeth?
Dec 4 2005 // Imagine that you are a new independent director of a public company. Outside auditors uncovered accounting irregularities within one of the company’s primary sales divisions. An internal investigation led to a...
The Ins and Outs of Claims-Made Policies
Dec 4 2005 // Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employ-ment Practices Liability and other miscellaneous professional liability policies,...
More Teeth for the D&O Fraud Exclusion
Dec 4 2005 // A D&O policy may require the insurer to continue advancing defense costs on behalf of “black hat” co-defendants until there is a “final adjudication” of wrongdoing. Insureds need to understand...
The Hartford Updates Its D&O Product for Real Estate Investment Trusts
Nov 28 2005 // With diversification and income as priorities, individual investors, pension funds and institutional investors have been moving massive amounts of capital to the real estate sector. Real estate investment trusts (REITs),...
Willis Publishes Global D&O Liability Guide Covering 51 Countries
Nov 9 2005 // A lot of people in the insurance business apparently think that D&O liability is primarily an American problem. Think again. Willis Group, the global insurance broker, has just published its Worldwide Directory of...
