Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
How Agents Help Nonprofits in Hard Times
Feb 11 2013 // Still struggling through the recession, the last thing the nonprofit sector needed is the negative publicity generated by Jerry Sandusky and Lance Armstrong. The recession was hard on just about everyone, particularly the...
Dual Specialty Underwriters Launches International D&O Program
Feb 4 2013 // Dual Specialty Underwriters, LLC has launched a newinternational directors’ & officers’ liability (D&O) program aimed at foreign companies listed on U.S. securities markets through American Depository...
Hiscox Names 3 Execs in Move to Strengthen London Market Casualty Team
Feb 1 2013 // Hiscox London office announced that it has boosted its London Market casualty offering with the appointment of three senior executives, which it described as a bold move that “will significantly enhance the London...
U.S. Commercial Insurance Prices to Firm in 2013: Marsh
Jan 30 2013 // Rates for commercial lines insurance will continue to rise in 2013 thanks to above average losses, low investment returns and receding reserve releases. However, according to a new report published by Marsh, traditional...
Marsh Names U.S. D&O Liability Product Leader in New York
Jan 18 2013 // Marsh, the insurance broking division of Marsh & McLennan Cos., announced that Brenda Shelly, a veteran management liability broker and underwriter, has been appointed the firm’s new U.S. directors and officers...
Most Commercial Insurance Buyers Accept Coverage Changes, Price Hikes: Survey
Dec 28 2012 // The vast majority of commercial insurance buyers renewing their policies appear willing to accept coverage adjustments, moderate price increases, or both, according to a new survey. Still, the survey of risk managers and...
Attorneys Discuss Liability Insurance Coverage for Sandy Litigation
Dec 21 2012 // Homeowners, businesses, and municipalities in the tri-state area continue to rebuild and rebound from Superstorm Sandy. Often, large-scale devastation and destruction are followed by lawsuits against individuals and...
N.J. Couple Charged With Allegedly Pocketing $1.8M in D&O Premiums
Dec 11 2012 // A Central New Jersey couple that ran a now-defunct insurance brokerage firm has been charged with allegedly conspiring to steal nearly $1.8 million by failing to remit insurance premiums to eight insurers. The 27-count...
Marsh Names Sheehan Leader of U.S. Financial Institutions Practice
Dec 7 2012 // Insurance broker Marsh has named Eugene “Tripp” Sheehan, a 19-year veteran of the firm, as U.S. Financial Institutions practice leader. Since joining Marsh in 1993, Sheehan has held a variety of positions...
Torus Survey: Top Issues in Management Liability & Professional Lines Market
Nov 29 2012 // A recent survey* undertaken by global specialty insurer Torus has highlighted a myriad of current issues facing the management liability and professional lines market. Designed to identify key trends affecting this...
Willis Launches ‘DARCstar’ Directors’ All Risks Cover in Asia-Pacific Region
Nov 14 2012 // Willis Group Holdings announced the launch of its directors’ all risks cover (DARCstar) in Australia, Hong Kong and Singapore, which it said offers “unique” coverage. Willis explained that “DARCstar...
Arch Insurance Group Launches New Public Company D&O Policy
Nov 9 2012 // Arch Insurance Group, a member of Arch Capital Group Ltd., has launched Arch Essential D&O, a primary policy specifically designed to protect directors and officers from the increasing risk exposures associated with...
Chubb’s Q3 Profit Jumps 79%
Nov 5 2012 // The Chubb Corp. reported $533 million net profit for its third quarter, up 78.8 percent from $298 million reported during the same period one year ago. The quarterly results, released on Oct. 25, got a boost from...
Chubb Launches Insurance Product for Health Care Fraud, Data Breaches
Aug 28 2012 // The Chubb Group of Insurance Cos. has introduced insurance coverage to help small to mid-size health care organizations manage some of their biggest exposures. ForeFront Portfolio 3.0 for Health Care Organizations offers...
Business Risk Partners to Offer LIU-Backed E&O, D&O Coverage
Aug 20 2012 // Program administrator Business Risk Partners (BRP) will underwrite three additional programs in professional and management liability offered through Liberty International Underwriters (LIU), the global specialty lines...
Community Associations Grow by Number and Exposure
Aug 14 2012 // In 2011, more than 62 million people lived in residential homes governed by a community association, including homeowners associations, condominiums, cooperatives and other planned communities. According to the Community...
Willis Warns Directors of Risks in Serving on Boards
Aug 7 2012 // “Increased regulatory, shareholder and media scrutiny combined with volatility in the global economy means that serving on the board of a company has never been so risky,” according to a report from Willis...
Willis Warns Directors D&O Policies May Not Cover Some Cyber Risks
Aug 6 2012 // Willis Group Holdings latest Executive Risks Boardroom Guide warns that, as the online universe expands it has “introduced new financial risks that may not be covered under general and professional liability...
Community Associations Grow by Number and Exposure
Aug 6 2012 // In 2011, more than 62 million people lived in residential homes governed by a community association, including homeowners associations, condominiums, cooperatives and other planned communities. According to the Community...
The Libor Scandal – an Ongoing Major Catastrophe
Aug 1 2012 // The scope of the investigations that are unfolding in the wake of the charges against Barclay’s Bank that it rigged the London Interbank Offered Rate (Libor) have taken on the proportions of a major...
