Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Insurers’ Worst Fear: Cyber Hurricane or Silent Cyber?
May 21 2018 // Insurers in the cyber insurance segment have enjoyed exponential growth in the market over the last 10 years, and that is expected to continue as the world becomes even more connected via the internet. But while the growth...
Rising Claims Frequency Hampers Results in Directors & Officers Liability Insurance Sector
Apr 16 2018 // The underwriting performance in the U.S. directors and officers (D&O) liability insurance market deteriorated significantly in 2017. Competitive pricing and an increasing number of lawsuits have hurt the line’s...
New York’s Kaufman Dolowich & Voluck Adds Three D&O Liability Partners
Apr 5 2018 // Kaufman Dolowich & Voluck LLP (KDV), a national law firm headquartered in Woodbury, N.Y., is expanding its Insurance Coverage & Litigation Practice with the addition of three directors and officers liability...
Barbican Names McGurk from Standard’s Syndicate 1884 as D&O Class Underwriter
Mar 13 2018 // Barbican Insurance Group announced the appointment of Sarah McGurk as class underwriter for directors’ & officers’ liability insurance. Working as part of the financial lines division, she will report to...
What Cyber Insurance Industry Learned from 2017 Hacks
Mar 13 2018 // The NotPetya, WannaCry and Equifax hacks of last year were evidence that the U.S. insurance industry has been ill-prepared to handle a large cyber attack and needs to up its game. However, as a consequence of the attacks...
Validus Specialty Expands Commercial D&O Portfolio; Zurich’s McAdams Named Sr. U/W
Mar 8 2018 // Validus Specialty Underwriting Services Inc. announced the expansion of its product portfolio with an admitted, private company commercial directors and officers (D&O) policy. With broad coverage, the new form provides...
D&O Insurers Warned on Competitive Pricing, Troubling Claims Trends
Feb 26 2018 // Property/casualty insurers in the directors and officers (D&O) liability insurance market may find it more difficult to maintain underwriting performance in 2018 than in recent years, according to Fitch Ratings, as...
Insurers May Not be Able to Avoid Blockchain, Virtual Currencies ‘Sweeping Through Industry’
Feb 14 2018 // Insurers need to be thinking about blockchain technology and virtual currencies like bitcoin and how to approach these areas of emerging risk as they become harder to ignore, according to panelists at the 2018 Professional...
Nexus Acquires D&O and Financial Institutions MGA Apsley Specialty
Feb 13 2018 // Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Apsley Specialty Ltd., a registered Lloyd’s coverholder. Financial details of the transaction were not...
Sexual Harassment: Employment Liability Tipping Point
Jan 8 2018 // From Hollywood mogul Harvey Weinstein to famed television journalist Matt Lauer, to thousands of others speaking out through the social media movement #MeToo, sexual harassment allegations from individuals who claim to...
Starr Companies Adds Crisis Coverage to Side ‘A’ D&O Endorsement
Jan 5 2018 // Starr Companies has enhanced its Side ‘A’ Directors & Officers Excess and Lead-In-Difference-In-Conditions (DIC) policy with the addition of crisis loss coverage for insured persons. According to Brian...
Slew of Republican Judicial Appointments Could Bode Well for D&O Insurers
Nov 27 2017 // Directors and officers (D&O) insurance has faced major losses in recent years, due in part, to what some call a significant increase in shareholder securities class action lawsuits. But a slew of new judicial...
New Judicial Appointments Could Help Curb Shareholder Suits, Reduce D&O Losses
Nov 20 2017 // Directors and officers (D&O) insurance has faced major losses in recent years, due in part, to what some call a significant increase in shareholder securities class action lawsuits. But a slew of new judicial...
What to Expect for Commercial Insurance Pricing for 2018: WTW’s Marketplace Realities
Nov 20 2017 // Commercial insurance buyers should brace for rate increases for 2018 as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global insurance...
What to Expect for Commercial Insurance Pricing for 2018: WTW’s Marketplace Realities
Nov 6 2017 // Commercial insurance buyers should brace for rate increases for 2018 insurance as the industry continues to tally losses following one of the most financially disruptive hurricane seasons in history, according to global...
Beazley Launches Suite of Financial Lines Products in Spain
Oct 31 2017 // Specialist insurer Beazley has unveiled a comprehensive suite of financial lines products in Spain, designed for the needs of a broad range of commercial and financial organizations. Led by Lorena Segovia, Beazley’s...
PIANY Elects Holender President, Names Directors and Officers
Sep 14 2017 // Professional Insurance Agents of New York Inc. has elected Fred Holender as president at an annual meeting of the association’s board of directors in Glenmont, N.Y. Holender is director of administration for Lawley...
Insurance Agents & Brokers Announces Directors and Officers Elections
Sep 8 2017 // Membership of the independent insurance agents’ associations in Delaware, Maryland and Pennsylvania recently held elections for volunteer and leadership positions, with terms that began Sept. 1. Larry Wilson of S.T....
XL Catlin Adds Technology, Excess D&O Coverage for Design Professionals
Aug 31 2017 // XL Catlin has added two new enhancements to its professional liability insurance for architects, engineers and other design professionals in the US, including an expanded professional services definition and Principal...
Neon Taps Boorman from Probitas Syndicate 1492 as Head of Financial Lines
Aug 2 2017 // Neon has appointed Charles Boorman as head of Financial Lines and Ian West as director of Major Client Relations. Boorman brings 25 years of experience in the industry, most recently at Probitas Syndicate 1492 as head of...
