Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Cincinnati Financial Ups Dividend, Names New Directors and Officers
Feb 4 2003 // Property-casualty insurer Cincinnati Financial Corp. increased its quartly cash divided 12.4 percent to 25 cents per share and its subsidiaries named new directors, officers and counsel at the company’s Feb. 1...
AXIS to Acquire Renewal Rights to Kemper’s D&O Business
Jan 31 2003 // Bermuda-based AXIS Capital Holdings Limited and the Kemper Insurance Group announced that AXIS’ U.S. subsidiary has agreed to acquire the renewal rights to the D&O and related product lines written by...
Arch Group Unveils New D&O Liability Capacity for Protection of Individual Board Members
Jan 30 2003 // Arch Insurance Group, a division of Arch Capital Group Ltd., announced the formation of a new $40 million facility for ‘A’ Side Directors and Officers liability insurance. The coverage will be offered in...
AXIS to Purchase Renewal Rights to Kemper’s D&O Business
Jan 30 2003 // Bermuda-based AXIS Capital Holdings Limited announced that its U.S. subsidiary has agreed to acquire the renewal rights to the D&O and related product lines written by Kemper’s Financial Insurance Solutions...
Aon Study Reports D&O Liability Expenses Hammering Technology Companies
Jan 17 2003 // The chilling effect from last year’s corporate governance scandals has infected the directors’ and officers’ liability insurance market, hitting technology companies especially hard. That is one of the...
Allianz Launches D&O Liability Coverage
Jan 6 2003 // Allianz Insurance Company has launched a new business unit to provide directors and officers liability insurance. Allianz has consolidated operations and underwriting authority in its Chicago and New York offices to ensure...
Superior Access Adds National Market for D&O and EPLI
Dec 26 2002 // Richard Swoy, chairman of Superior Access Insurance of Irvine, Calif. announced the addition of an “A++ XV” Superior A.M. Best rated carrier offering professional liability coverage nationally. Quotes are...
Chubb Group Unveils New Policy for Independent Directors
Dec 19 2002 // A new insurance policy from the Chubb Group of Insurance Companies can help independent directors protect their personal assets when they are sued by shareholders and others. The personal policy provides coverage to...
A Year for Reflection and Reaction
Dec 16 2002 // As the end of 2002 nears, it is the time to look back over the past year and to reflect on the major events in this chaotic year. Any consideration of 2002 must consider the tumultuous reaction to the Sept. 11 terrorist...
A Year for Reflection and Reaction
Dec 16 2002 // As the end of 2002 nears, it is the time to look back over the past year and to reflect on the major events in this chaotic year. Any consideration of 2002 must consider the tumultuous reaction to the Sept. 11 terrorist...
Cutter & Buck Announces D&O Insurer’s Rescission Notice
Dec 10 2002 // Seattle-based Cutter & Buck Inc. announced that the Company has received notice that its primary directors’ and officers’ liability insurance carrier is attempting to rescind the Company’s...
Travelers Introduces New D&O Liability Policy
Dec 6 2002 // Travelers Bond, a division of Travelers Property Casualty Corp. has unveiled Broad Form PLUS+(SM), a new policy that offers personal asset protection for directors and officers when primary coverage and/or indemnification...
Settlement between AIG, WorldCom Approved by Judge
Nov 27 2002 // A federal judge has approved an insurance settlement between bankrupt telecommunications company WorldCom Inc. and National Union Fire Insurance Company, a unit of AIG. According to Dow Jones, the approval was reached days...
Brother, Could You Spare Some Coverage’ Some Nonprofits Face Shrinking D&O, EPL
Nov 25 2002 // Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and...
Helping Nonprofits through Difficult Times
Nov 25 2002 // This year nonprofit acquaintances often have asked me a question for which I have no answer. That is, “Why are commercial insurers non-renewing my nonprofit?” Our experience with nonprofits has been favorable,...
Brother, Could You Spare Some Coverage’ Some Nonprofits Face Shrinking D&O, EPL Capacity
Nov 25 2002 // Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and...
Helping Nonprofits Through Difficult Times
Nov 25 2002 // This year nonprofit acquaintances often have asked me a question for which I have no answer. That is, “Why are commercial insurers non-renewing my nonprofit?” Our experience with nonprofits has been favorable,...
AAI Gathering Told Increased Corporate Governance Requirements Will Impact Both Stock and Mutual Insurers
Nov 18 2002 // The strict new requirements of the Sarbanes-Oxley Act of 2002 will impact not only publicly-held insurance companies, but they also set the bar for mutual insurers, according to experts who spoke at the Corporate...
Sarbanes-Oxley Act and Directors & Officers Coverage
Sep 30 2002 // Living in the nation’s energy capital, Houston, is never boring. During the oil and gas boom-times, the city is in perpetual motion and lawyers are running around doing deals. During the bust periods, the lawyers get...
Sarbanes-Oxley Act and Directors & Officers Coverage
Sep 30 2002 // Living in the nation’s energy capital, Houston, is never boring. During the oil and gas boom-times,the city is in perpetual motion and lawyers are running around doing deals. During the bust periods, the lawyers get...
