Latest Directors Officers Headlines

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...

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...

Soft Market Persists; Fierce Competition to Continue into 2011: Marsh

Nov 1 2010 // Soft commercial insurance market conditions persisted through the third quarter of 2010, with lower rates on average across major coverage lines, according to a new report from broker Marsh. Intense competition and...

Survey: Private Firms Expect Growth, Employee Theft and Data Breach

Oct 27 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...

American Safety Launches Professional Liability Product

Oct 21 2010 // American Safety Insurance (ASI) announces the launch of its professional liability unit, providing directors and officers (D&O) and errors and omissions (E&O) coverage for specialty risks. The team, lead by Peter...

Soft Market Persists; Fierce Competition to Continue into 2011: Marsh

Oct 14 2010 // Soft commercial insurance market conditions persisted through the third quarter of 2010, with lower rates on average across major coverage lines, according to a new report from broker Marsh. Intense competition and...

Ironshore to Offer Monoline Network Security, Privacy Liability Coverage

Oct 13 2010 // IronPro, the professional liability division of Ironshore Inc. has introduced Enterprise PrivaProtector 9.0 to assist businesses in managing their network security and privacy risks. In 2010, the Identity Theft Resource...

What to Watch in the World of D&O

Oct 4 2010 // Every year it’s worth noting the list of the current hot topics in the world of directors’ and officers’ liability. As should be obvious from this year’s list, there is a lot going on now, with...

K&K to Provide Non-Profit Directors, Officers’ Program Through New Site

Sep 29 2010 // K&K Insurance has launched a new website offering directors’ and officers’ (D&O) coverage for not-for-profit organizations. The website offers online quoting and binding capabilities and provides an...

What to Watch in the World of D&O

Sep 20 2010 // Every year it’s worth noting the list of the current hot topics in the world of directors’ and officers’ liability. As should be obvious from this year’s list, there is a lot going on now, with...

10 Comments

Sep 6 2010 // Last month, InsuranceJournal.com published a New York Times report that a Major League Baseball investigation into leaked financial documents had become focused on insurance companies that do business with clubs. The Times...

10 Comments

Sep 6 2010 // Last month, InsuranceJournal.com published a New York Times report that a Major League Baseball investigation into leaked financial documents had become focused on insurance companies that do business with clubs. The Times...

Travelers to Offer Defense Outside the Limits for Non-Profits

Sep 1 2010 // Travelers is now offering defense outside the limits for policyholders of the Wrap+ directors and officers (D&O) and employment practices liability (EPL) suite of coverages for non-profit organizations. D&O and EPL...

Ex-Stanford Executive Settles with Lloyd’s Over Defense Fees Under D&O

Aug 25 2010 // Laura Holt, the former chief investment officer for accused Ponzi schemer Allen Stanford’s financial firm, has reached a settlement with Lloyd’s of London over her defense fees, a federal judge said...

Aug 16 2010 // More Commercial Lines Premium Decreases in Q2 Decreases in average renewal premiums continued to show up for commercial clients during the second quarter of 2010, according to risk managers. Premium decreases of between...

Towers Watson: Gulf Oil Spill not a Major Event for P/C Insurers

Aug 2 2010 // The Deepwater Horizon disaster in the Gulf of Mexico will not be a major event for the property/casualty insurance industry, but it may spur tightening of insurance terms and prices in the energy sector, according to...

Risk Managers See More Commercial Lines Premium Decreases in Q2

Jul 22 2010 // Decreases in average renewal premiums continued to show up for commercial clients during the second quarter of 2010, according to risk managers. Premium decreases of between 2.5 and 3.8 percent were reported for property,...

Price Scare

Jul 5 2010 // Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a recent industry study. Average premiums in every line tracked by the RIMS Benchmark Survey fell...

ACE Enhances Personal Assets Coverage for Individual UK Directors

Jun 15 2010 // ACE Bermuda International announced the enhancement of its CODA product, which provides personal asset protection for directors & officers in the UK, at the AIRMIC Conference. ACE explained that CODA provides the...

Commercial Insurance Prices Stay Level for 5th Straight Quarter

Jun 14 2010 // A fragile global economy, excess capacity in virtually every line of commercial insurance and last year’s below-average catastrophic losses combined to keep commercial insurance prices flat during the first quarter...