Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
No to D&O
Mar 21 2011 // Giant Berkshire Hathaway, which makes much of its money on insurance and investing insurance premiums, does not provide liability insurance for its own directors. Warren Buffett, the 80-year-old chairman of Berkshire...
No to D&O
Mar 21 2011 // Giant Berkshire Hathaway, which makes much of its money on insurance and investing insurance premiums, does not provide liability insurance for its own directors. Warren Buffett, the 80-year-old chairman of Berkshire...
Declarations
Mar 7 2011 // Higher Exposures, Limits “Clearly, companies are reacting to the fact that D&O liability exposures facing directors and officers are arguably at an all-time high. Insurance buyers continue to be threatened by an...
Declarations
Mar 7 2011 // D&O Limits Driven Up “Clearly, companies are reacting to the fact that D&O liability exposures facing directors and officers are arguably at an all-time high. Insurance buyers continue to be threatened by...
Declarations
Mar 7 2011 // New Rules on Payments “I think the process is working well. I do think I’ve heard enough about lack of transparency and lack of consistency that we have to do something about that.” —BP Oil Spill Claims...
Declarations
Mar 7 2011 // A Philanthropic Model “As a company, we believe it is important to raise awareness of the needs of local fire departments. Supporting the fire service means rescuers will be better protected and our communities will...
Web Exchange
Mar 7 2011 // Man v. Machine InsuranceJournal.com reported on the adventures of IBM’s artificial intelligence machine, Watson, and its victory on the TV game show “Jeopardy.” In the article and podcast, What’s...
No D&O Insurance at Berkshire, Other Notes from Buffett’s Letter
Feb 28 2011 // Giant Berkshire Hathaway, which makes much of its money on insurance and investing insurance premiums, does not provide liability insurance for its own directors. Warren Buffett, the 80-year-old chairman of Berkshire...
Litigation, Investigation Fears Driving Up D&O Insurance Limits
Feb 22 2011 // Directors and officers (D&O) liability insurance is gaining traction as more companies are increasing their D&O liability limits and a growing number with international operations are also purchasing D&O...
Soft Market Not Over Yet
Feb 7 2011 // Average renewal premiums for commercial lines property/ casualty insurance were largely unchanged during the fourth quarter of 2010 and that may remain the case for awhile. According to the RIMS Benchmark Survey, directors...
Think Soft Market Is Over? Think Again
Jan 24 2011 // Average renewal premiums for commercial lines property/ casualty insurance were largely unchanged during the fourth quarter of 2010 and that may remain the case for awhile. According to the RIMS Benchmark Survey, directors...
Beazley Adds Komro as D&O Underwriter in Chicago
Jan 11 2011 // Anthony Komro has joined Beazley in Chicago as an underwriter of directors and officers (D&O) coverage. The company said Komro will help build upon Beazley’s established and growing presence in the Midwest,...
Dodd-Frank Whistleblower Provisions Create Concerns, Coverage Issues
Dec 5 2010 // Coverage Gaps Possible With Rise in Whistleblower Claim Among the many innovations introduced in the massive Dodd-Frank Wall Street Reform and Consumer Protection Act enacted this past July are the new whistleblower...
Marsh Enhances D&O Liability Modeling Capabilities
Nov 19 2010 // Given today’s heightened scrutiny on publicly traded companies and the proliferation of securities class action lawsuits, properly insuring corporate directors and officers has taken on profound importance....
Survey: Private Firms Expect Growth, Employee Theft and Data Breach
Nov 14 2010 // Nearly half (44 percent) of private company executives expect their firms will add jobs by year end, and more than half (54 percent) plan to expand product or service offerings. Another 12 percent of those same executives...
Lloyd’s D&O Won’t Pay Stanford’s Fraud Defense
Nov 14 2010 // Accused swindler Allen Stanford may not use $100 million in a Lloyd’s of London directors and officers insurance policy to pay the lawyers defending him on charges of running a $7 billion fraud, a U.S. judge in Texas...
Business Risk Partners Offers Distressed Banks Coverage
Nov 11 2010 // For banks under regulatory oversight, Business Risk Partners (BRP) is now offering professional and management liability protections for distressed community banks, including hard-to-find Regulatory Defense Cover for...
Willis’ FINEX Appoints D&O, Professional Liability Lawyer as Director
Nov 10 2010 // Willis Group Holdings announced that it has appointed Francis Kean, “one of the UK’s leading directors & officers and professional liability lawyers, as an Executive Director in FINEX Global, the insurance...
Markel International Expands D&O Product Offerings
Nov 10 2010 // Specialty insurer Markel International has broadened its suite of products for directors and officers with the launch of three new products. It has also enhanced its existing directors’ and officers’ (D&O)...
Why Should Private Companies Buy D&O Insurance?
Nov 1 2010 // Broad Coverage Is Available at a Relatively Low Cost Most public companies don’t need to be persuaded that their company needs directors and officers insurance. However, the view among some private company managers...
