Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Arch Insurance Group Launches New Public Company D&O Policy
Nov 9 2012 // Arch Insurance Group, a member of Arch Capital Group Ltd., has launched Arch Essential D&O, a primary policy specifically designed to protect directors and officers from the increasing risk exposures associated with...
Chubb’s Q3 Profit Jumps 79%
Nov 5 2012 // The Chubb Corp. reported $533 million net profit for its third quarter, up 78.8 percent from $298 million reported during the same period one year ago. The quarterly results, released on Oct. 25, got a boost from...
Chubb Launches Insurance Product for Health Care Fraud, Data Breaches
Aug 28 2012 // The Chubb Group of Insurance Cos. has introduced insurance coverage to help small to mid-size health care organizations manage some of their biggest exposures. ForeFront Portfolio 3.0 for Health Care Organizations offers...
Business Risk Partners to Offer LIU-Backed E&O, D&O Coverage
Aug 20 2012 // Program administrator Business Risk Partners (BRP) will underwrite three additional programs in professional and management liability offered through Liberty International Underwriters (LIU), the global specialty lines...
Community Associations Grow by Number and Exposure
Aug 14 2012 // In 2011, more than 62 million people lived in residential homes governed by a community association, including homeowners associations, condominiums, cooperatives and other planned communities. According to the Community...
Willis Warns Directors of Risks in Serving on Boards
Aug 7 2012 // “Increased regulatory, shareholder and media scrutiny combined with volatility in the global economy means that serving on the board of a company has never been so risky,” according to a report from Willis...
Willis Warns Directors D&O Policies May Not Cover Some Cyber Risks
Aug 6 2012 // Willis Group Holdings latest Executive Risks Boardroom Guide warns that, as the online universe expands it has “introduced new financial risks that may not be covered under general and professional liability...
Community Associations Grow by Number and Exposure
Aug 6 2012 // In 2011, more than 62 million people lived in residential homes governed by a community association, including homeowners associations, condominiums, cooperatives and other planned communities. According to the Community...
The Libor Scandal – an Ongoing Major Catastrophe
Aug 1 2012 // The scope of the investigations that are unfolding in the wake of the charges against Barclay’s Bank that it rigged the London Interbank Offered Rate (Libor) have taken on the proportions of a major...
Navigators Launches Worldwide Side A D&O Policy
Jul 18 2012 // The Navigators Group, Inc.’s Navigators Pro division has introduced Side A Global InNAVation, a directors and officers (D&O) liability policy to address emerging global risks. This new policy offers dedicated...
Facebook Fiasco Disrupting IPO Insurance Market
Jul 2 2012 // The Facebook initial public offering (IPO) fallout has started and its effects are being felt in the area of directors and officers insurance coverage for future social media IPOs. “D&O underwriters will view...
Public Companies Underestimate Risk of D&O Lawsuit: Survey
Jul 2 2012 // Despite the odds that public companies and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent believe this is unlikely. “This general lack...
Facebook Fiasco, ‘Blank Check’ Companies Disrupt IPO Insurance Market
Jun 21 2012 // The Facebook initial public offering (IPO) fallout is just getting started, but its effects are already being felt in the insurance community when it comes to covering directors and officers for future social media...
Public Companies Underestimate Risk of Directors and Officers Lawsuit: Survey
Jun 18 2012 // Public company executives may be in for a surprise lawsuit. Despite the odds that they and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent...
Why Purchase Side ‘A’ Directors & Officers Liability Coverage?
Jun 18 2012 // Our clients sometimes ask why they should purchase side “A” directors and officers (D&O) liability coverage to protect their directors and officers from lawsuits when they are already providing broad...
Willis Publishes D&O Dictionary
May 25 2012 // Willis North America, a unit of Willis Group Holdings, has published its Directors and Officers Liability (D&O) Insurance Dictionary, offering firms an overview of terms that are likely to be used in describing their...
Willis’ DARCstar D&O Program Marks First Year with New Offerings
May 18 2012 // To mark the anniversary, May 18, 2012, of its DARCstar Directors & Officers (D&O) insurance coverage, Willis Group Holdings has introduced a new improved version of the form, and has launched two new products in...
ACE Adds Preferred Securities Panel Option to D&O Policies
May 7 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has enhanced its directors & officers liability policy with a non-mandatory panel counsel option. The ACE Preferred Securities Panel consists of law...
D&O Liability Rates Firmed in First Quarter: Marsh
Apr 26 2012 // Rates for directors and officers’ (D&O) liability insurance appear to be firming, having risen only 1.5 percent in the first quarter. According to a benchmark report from insurance broker Marsh, that 1.5 percent...
Washington Mutual Sues Its D&O Insurers
Apr 16 2012 // Washington Mutual Inc. recently filed a lawsuit against a dozen insurance companies that had provided directors’ and officers’ coverage. The troubled bank holding company that just completed its Chapter 11...
