Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
PLUS-Midwest Seminar to Discuss D&O Legal Issues
Sep 11 2002 // The Midwest Chapter of PLUS, the Professional Liability Underwriting Society, has organized a seminar on Tuesday, September 17, featuring discussion by experts on current issues concerning Directors & Officer’s...
CNA Launches Specialty D&O and Fiduciary Liability Lines
Sep 10 2002 // Schinnerer & Company Inc. of Chevy Chase, Md. is now offering liability coverage to architects, engineers, land surveyors, landscape architects and specialty consultants through CNA’s E-Pack. With this newest...
New Market: D&O Business Travel
Jul 22 2002 // American International Group has announced enhanced Directors, Officers and Corporate Liability insurance coverage that includes Business Travel Accident Insurance and Travel Assistance Services. The Business Travel...
D&O Business Travel
Jul 22 2002 // Nuts & Bolts: American International Group announced enhanced Directors, Officers and Corporate Liability insurance coverage that includes Business Travel Accident Insurance and Travel Assistance Services. The...
New Market: Condo/Homeowner Assoc., Property Management Firms, Managers
Jul 9 2002 // Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ compensation....
WorldCom Disclosures Batter the D&O Market
Jul 8 2002 // WorldCom’s recent revelations of accounting irregularities that resulted in the company overstating pretax profits by nearly $4 billion in 2001 and early 2002 are yet another blow to a directors and officers...
Condo/Homeowner Assocs., Prop. Manage-ment Firms, Managers
Jul 8 2002 // Nuts & Bolts: Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’...
Philadelphia Ins. Expands DO to Cover Workplace Violence, Internet, EPL
Jun 3 2002 // June 3, 2002 Philadelphia Insurance Companies’ announced the introduction of their new “Flexi-Five® non-profit D&O policy,” described as “providing traditional D&O coverage along with:...
News Analysis: Commentary on Full Year 2001
Apr 29 2002 // The property/casualty insurance industry reported a statutory rate of return of negative 2.7 percent in 2001, down from 6.5 percent return for the year 2000. The results were released by the Insurance Services Office, Inc....
LMI and Highlands Sued by Ohio Insurance Director
Apr 19 2002 // Ohio Director of Insurance Lee Covington, acting in his capacity as liquidator of property and casualty insurer LMI Insurance Company, has sued LMI’s parent, Highlands Insurance Group and other affiliated companies...
D&O for Biotech
Mar 25 2002 // Nuts & Bolts: Monitor Liability Managers Inc., a member of W.R. Berkley Corporation, has partnered with the Biotechnology Industry Organization (BIO) to provide D&O to the biotech industry. The BIO-Monitor...
Willis Study Finds DO Market in Disarray
Mar 14 2002 // Global insurance broker Willis Group Holdings Limited has issued its assessment of the Directors and Officers Liability Insurance (D&O) market, and concludes that it “is in considerable disarray, with insurance...
Adequate Pricing, Higher Retentions Needed to Improve DnO Line
Mar 1 2002 // Enron, the World Trade Center attack, and other recent disasters have made directors and officers liability one of the worst performing lines of insurance in 2000 and 2001. It is only through adequate pricing, higher...
Hard DnO Market Tests Relationships of Underwriters, Brokers and Insureds
Feb 28 2002 // The hardening market for Directors and Officers liability coverage is forcing brokers and their clients to accept higher rates, less coverage and larger retentions, panelists told a recent PLUS D&O Symposium. These...
A.M. Best: Enron Bankruptcy Costs Insurers More than $3 Billion
Feb 25 2002 // According to a new report by A.M. Best, the bankruptcy of Houston-based energy trader Enron Corp. has affected the investment portfolios of a number of insurers. As of Sept. 30, 2001, the affected companies had more than...
Enron’s Crash Radiates in All Directions, Implications for Insurers
Jan 28 2002 // “Bankruptcy” and “Chapter 11” are inadequate terms to describe the carnage left in the wake of Enron’s collapse, which affected the lives of thousands of people, numerous banks and dozens of...
Report DnO Claims, Premiums Increase
Dec 17 2001 // A recent report in Lloyd’s List states that the number and severity of claims against directors and officers has been rising, and concludes that greater surveillance of corporate governance is leading to more legal...
Insuring Nonprofits as Markets Harden
Nov 19 2001 // As recession looms and claims costs associated with the terrorist attacks on September 11 add up, insurance markets are beginning to harden for the first time in nearly a decade. Many major property and casualty carriers,...
D&O Liability: Executives Bear the Weight of Success or Failure
Nov 12 2001 // Directors and Officers liability, commonly known as D&O, is a complicated type of risk. While it covers corporate activities, a corporation is a legal person, as are the directors and officers...
Navigators Pro Formed to Specialize in D&O and Professional Liability
Nov 7 2001 // Navigators Management Company, a subsidiary of The Navigators Group Inc., has formed a new division, Navigators Pro, specializing in D&O and professional liability. The financial insurance products include directors...
