Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Hudson Insurance Acquires D&O Agency Hooghuis
Jun 10 2008 // Hudson Insurance Group, the U.S. insurance division of Odyssey Re Holdings Corp., reports it has acquired Hooghuis Group LLC, an underwriting agency specializing in U.S. directors and officers liability (D&O)...
Willis Risk Manager Conference Examines Brazil, China Energy Sector
Jun 4 2008 // Willis recently hosted a conference of senior risk managers from the US oil and gas industry at its inaugural Global Risk Challenge seminar in Houston. They concentrated on finding out more about some of the major...
Simple Successful in a Complex World
May 5 2008 // Woodruff-Sawyer and Co., ranked #16 in the Insurance Journal Top 100 Independent Agencies, continues to grow, handling complex commercial risks here in the U.S. and in foreign countries. Since the agency’s founding...
What’s An Agent to Do When a Potential D&O Claim Arises?
Apr 18 2008 // A situation that could lead to a directors and officers liability claim arises. What’s an agent or broker to do? According to Susanne Murray of the New York office of insurance broker HRH, an expert in D&O...
Lloyd’s Comments on Impact of UK’s Corporate Manslaughter Act
Apr 15 2008 // Lloyd’s warned UK executives that the Corporate Manslaughter Act and Corporate Homicide Act 2007, which came into effect on Sunday, April 6, may result in a “string of new prosecutions for fatal accidents that...
ACE Increases UK Corporate Cover in Response to Manslaughter Law
Apr 14 2008 // ACE Europe announced the launch of the “Elite IV Entity Extension,” an endorsement to its Elite IV Directors & Officers (D&O) cover, which provides increased protection to private companies facing...
Beazley’s New UK D&O Program
Apr 10 2008 // The UK’s Beazley Group plc has introduced “Beazley Armour,” which it describes as a “Side A policy form designed to provide exceptional protection for directors and officers and, on an excess basis,...
Climate Change Heats Up Insurance Industry
Apr 7 2008 // Greenhouse gases (GHGs) have gotten a bad rap, according to Mark C. Bove, senior research meteorologist, catastrophic risk management for Munich Reinsurance America. Speaking on a panel about climate change at the...
Beecher Carlson: Energized for Growth
Apr 7 2008 // Atlanta-based broker just keeps going and going while striving to maintain service excellence The “Energizer Bunny” of property/casualty insurance brokerages worldwide — that seems an apt description for...
How Courts and Claims are Altering the D&O Landscape
Apr 7 2008 // Claims frequency, claims severity, subprime, securities fraud and Stoneridge key issues on the horizon From the vantage point of early 2008, insurers writing directors and officers coverage can look back on the prior year...
Is Now a Subprime Time To Be in D&O?
Apr 7 2008 // Execs ponder Stoneridge, plaintiffs bar shakeups and market volatility at PLUS Symposium Despite the calm, cool manner of the 1,300 well-coiffed underwriters and brokers in attendance, volatility was on the minds of most...
Pacific Underwriters Adopts (I-Bind)® For Private Company and Non-Profit Risks
Mar 20 2008 // New York, NY- March 20, 2008: Pacific Underwriters announced that it has partnered with Darwin Professional Underwriters to place management liability insurance for private company and not-for-profit risks utilizing...
Things to Consider When Estimating Subprime D&O Losses
Mar 10 2008 // Several observers and analysts have recently tried to estimate the insurance industry’s aggregate subprime-related loss exposure. At one end, Bear Stearns has estimated the industry’s exposure at $8 billion to...
Hiscox Warns UK Businesses on Increasing Employee Lawsuits
Mar 5 2008 // According to figures released today by the UK’s Hiscox, “nearly two thirds of smaller businesses are leaving themselves hugely exposed to legal action from their own employees, despite the number of employment...
Financial Institutions’ Directors and Officers Insurance Rates Jump
Feb 28 2008 // Directors’ and officers’ liability insurance costs for financial institutions significantly increased in the fourth quarter of 2007, according to a D&O pricing index released by Aon Corp. Authored by Aon...
Things to Consider When Estimating Subprime D&O Losses
Feb 24 2008 // There are likely to be more securities class action lawsuits in 2008 than any year since the passage of the Private Securities Litigation Reform Act in 1995. In addition, the subprime-related litigation wave is likely to...
D&O Costs Highest for Financial, Tech, Life Science
Feb 24 2008 // A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in energy and...
Study: Subprime Crisis Not Materially Affecting D&O
Feb 24 2008 // The crisis in the subprime mortgage market has had little impact on availability, cost or policy conditions of directors and officers liability (D&O) and errors and omissions liability (E&O) insurance policies,...
The Subprime Mess Spills Into ERISA Lawsuits
Feb 10 2008 // Lawsuits against 401(k) plan fiduciaries and fund managers on the rise Subprime-related ERISA lawsuits fall into one of two categories: lawsuits brought by or on behalf of employees against plan fiduciaries in connection...
Report: D&O Insurance Costs Highest for Financial, Tech, Life Science Firms
Feb 5 2008 // A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in energy and...
