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Basketball Hall of Fame and Chubb Insurer Hit the Court Over D&O Coverage
Sep 20 2022 // The Basketball Hall of fame (BHoF) is suing Chubb Group subsidiary Federal Insurance Co. to have the insurer defend and indemnify it in a case accusing it of attempting to unlawfully secure funds for renovations to its...
It’s Over: Lasting Underwriting Profits in U.S. D&O Market Unlikely, Fitch Says
Sep 2 2022 // Three years of soaring directors and officers liability insurance prices pushed combined ratios down to the mid-to-high 90s, but new entrants and potential claims volatility may spell trouble for underwriters in the years...
Markets/Coverages: Beazley, Paragon Partner on Weather Guard; Praedicat, Experian Collaborate on D&O Models; Armadillo Expands With 100 Agencies
Sep 1 2022 // Beazley to enter distribution partnership with Paragon for Weather Guard Specialty insurer Beazley announced a new, efficient and effective online portal solution for its leading Weather Guard product. The new robust...
Lloyd’s Owes $3M in Prejudgment Interest for Late Payment of D&O Claim
Aug 23 2022 // Lloyd’s of London underwriters must pay more than $3 million in pre-judgment interest in addition to the $10 million the syndicate has already paid in damages for the wrongful acts of the former directors of a bank...
Takeaways from Our Conversation About Why Most Small-to Mid-Size Cannabis Operators Shun D&O
Aug 1 2022 // Powered by InsuranceJournal.tv Directors and officers insurance has been pricey and tough to obtain for cannabis companies since the industry started requiring coverage. D&O is difficult in most business sectors (For...
More Insurers to Offer Better D&O Coverage to Businesses With Robust ESG Frameworks: Marsh
Jun 30 2022 // Marsh announced today several enhancements to directors and officers liability (D&O) insurance offerings that could enable more clients to benefit from superior environmental, social, and governance (ESG)...
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