Arkema NA, CEO Indicted in Texas for ‘Reckless’ Chemical Release August 6, 2018 By Emily Schmall The North American subsidiary of a French chemical manufacturer and two senior staff members were indicted in connection with last...
Validus Specialty Expands Commercial D&O Portfolio; Zurich’s McAdams Named Sr. U/W March 8, 2018 Validus Specialty Underwriting Services Inc. announced the expansion of its product portfolio with an admitted, private company commercial directors and...
XL Catlin Launches Five Financial Institutions Insurance Solutions in Iberia March 2, 2017 XL Catlin’s insurance operation in Iberia announced that it is launching five new insurance solutions for financial institutions. The coverage...
UK’s Allianz Insurance Enhances D&O Cover March 1, 2017 Allianz Insurance, the UK subsidiary of Allianz SE Group, has refreshed its directors and officers proposition to offer broader coverage...
D&O Prices Down, Auto Up in Q3; Other Commercial Lines Stable December 13, 2016 Price decreases accelerated for directors and officers insurance in the 2016 third quarter, a period during which commercial insurance prices...
How SEC Scrutiny of Unicorns Could Affect Private Company D&O Insurance November 15, 2016 By Denise Johnson Underwriters of directors and officers (D&O) liability insurance should keep an eye on the increased scrutiny of “unicorn” technology firms...
Insurers to Fund $27 Million Duke Energy Accord Over Ouster of CEO November 14, 2016 By Jef Feeley Duke Energy Corp. agreed to a $27 million settlement of claims that directors wrongfully concealed their plan to fire Chief...
Banks Hike Caps on Directors’ Pay Hoping to Fend Off Lawsuits September 2, 2016 By Olivia Oran Over the past two years, a growing number of U.S. banks has capped their directors’ earnings, but the ceilings are...
AIG Offers Brexit Coverage in UK for Anxious Executives July 29, 2016 American International Group is coming out with new Brexit coverage in the UK for anxious executives, barely weeks after the...
Pen Canada Launches E-Traded D&O Platform in Response to Broker Demand July 22, 2016 Pen Underwriting Canada has launched a purpose-built, e-trading platform for directors and officers insurance, in response to broker demand for...