D&O Market in ‘State of Transition’ on Litigation Trends: Woodruff Sawyer September 16, 2024 By Chad Hemenway It looks like the market for directors and officers insurance is shifting, according to Woodruff Sawyer, with the number of...
WTW: US Commercial Insurance Price Increases in Q1 ‘Steady’ at 6.3% June 11, 2024 Broker WTW said commercial lines insurance increased overall by an average of 6.3% during the first quarter. Quarterly price increases...
Standard Chartered Faces £1.5 Billion UK Claim in Iran Sanction Case April 24, 2024 By Upmanyu Trivedi Standard Chartered Plc is facing about £1.5 billion ($1.9 billion) worth of investor claims at a London trial over allegations...
Markets/Coverages: AXA XL’s Bermuda Professional Lines Team Enhances D&O Policy April 11, 2024 AXA XL’s Bermuda Professional Lines Team has launched a new lead difference-in-conditions (DIC) directors and officers liability policy. “AXA XL...
Suncor’s Syncrude Canada to Pay C$390,000 After Worker Fatality April 9, 2024 By Nia Williams Oil sands producer Syncrude Canada, majority-owned by Suncor Energy, will pay C$390,000 ($287,187.04) after pleading guilty to a health and...
US D&O Insurance Segment’s Improved Results Unlikely to Be Sustainable: Fitch April 4, 2024 By L.S. Howard The U.S. directors and officers (D&O) liability insurance segment’s strong underwriting profit of 2023 is unlikely to be sustainable, according...
Former VW Chief Tells Court He Didn’t Deceive Investors Over Dieselgate February 14, 2024 Former Volkswagen chief executive Martin Winterkorn told a German court on Wednesday he did not deceive investors over the carmaker’s...
Truck Engine Maker Cummins to Pay Record $1.675 Billion US Environmental Fine December 28, 2023 By David Shepardson Truck engine maker Cummins Inc. has agreed in principle to pay a $1.675 billion fine for installing devices on hundreds...
Top Insurance Journal D&O Stories of 2023 December 28, 2023 By Allen Laman Million-dollar court cases, expert predictions and in-depth market analysis — Insurance Journal’s top-read directors and officers insurance stories in 2023...
SPAC Mania’s Ugly End Yields $46 Billion of Investor Losses in 2023 December 27, 2023 By Jonathan Randles and Amelia Pollard Wall Street’s affair with blank-check firms, the finance fad that pushed companies onto the stock market during the COVID-19 pandemic,...