Latest Directors Officers Headlines

What to Watch in the World of D&O

Sep 20 2010 // Every year it’s worth noting the list of the current hot topics in the world of directors’ and officers’ liability. As should be obvious from this year’s list, there is a lot going on now, with...

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Sep 6 2010 // Last month, InsuranceJournal.com published a New York Times report that a Major League Baseball investigation into leaked financial documents had become focused on insurance companies that do business with clubs. The Times...

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Sep 6 2010 // Last month, InsuranceJournal.com published a New York Times report that a Major League Baseball investigation into leaked financial documents had become focused on insurance companies that do business with clubs. The Times...

Travelers to Offer Defense Outside the Limits for Non-Profits

Sep 1 2010 // Travelers is now offering defense outside the limits for policyholders of the Wrap+ directors and officers (D&O) and employment practices liability (EPL) suite of coverages for non-profit organizations. D&O and EPL...

Ex-Stanford Executive Settles with Lloyd’s Over Defense Fees Under D&O

Aug 25 2010 // Laura Holt, the former chief investment officer for accused Ponzi schemer Allen Stanford’s financial firm, has reached a settlement with Lloyd’s of London over her defense fees, a federal judge said...

Aug 16 2010 // More Commercial Lines Premium Decreases in Q2 Decreases in average renewal premiums continued to show up for commercial clients during the second quarter of 2010, according to risk managers. Premium decreases of between...

Towers Watson: Gulf Oil Spill not a Major Event for P/C Insurers

Aug 2 2010 // The Deepwater Horizon disaster in the Gulf of Mexico will not be a major event for the property/casualty insurance industry, but it may spur tightening of insurance terms and prices in the energy sector, according to...

Risk Managers See More Commercial Lines Premium Decreases in Q2

Jul 22 2010 // Decreases in average renewal premiums continued to show up for commercial clients during the second quarter of 2010, according to risk managers. Premium decreases of between 2.5 and 3.8 percent were reported for property,...

Price Scare

Jul 5 2010 // Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a recent industry study. Average premiums in every line tracked by the RIMS Benchmark Survey fell...

ACE Enhances Personal Assets Coverage for Individual UK Directors

Jun 15 2010 // ACE Bermuda International announced the enhancement of its CODA product, which provides personal asset protection for directors & officers in the UK, at the AIRMIC Conference. ACE explained that CODA provides the...

Commercial Insurance Prices Stay Level for 5th Straight Quarter

Jun 14 2010 // A fragile global economy, excess capacity in virtually every line of commercial insurance and last year’s below-average catastrophic losses combined to keep commercial insurance prices flat during the first quarter...

Navigators, Victor O. Schinnerer Launch Non-Profit Directors & Officers Program

Jun 8 2010 // Navigators Insurance Co. and Victor O. Schinnerer & Co., Inc. have launched a non-profit D&O program. Schinnerer will act as program administrator for Navigators. The admitted filing of this countrywide program is...

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Jun 7 2010 // Craig A. Payan has been elected to serve as chairman of the board of directors for Itasca, Ill.-based Associated Risk Managers International Inc. Payan is president of PA&T Insurance and Financial Services, an...

Who’s Getting Sued in Securities Class Action Lawsuits Now?

Jun 7 2010 // Financial Services and Life Sciences Companies Should Be on the Lookout To find out which company will be next in line for one of these insult-to-injury lawsuits, just keep a close eye on the headlines. Securities class...

Who’s Getting Sued in Securities Class Action Lawsuits Now?

Jun 7 2010 // Financial Services and Life Sciences Companies Should Be on the Lookout To find out which company will be next in line for one of these insult-to-injury lawsuits, just keep a close eye on the headlines. Securities class...

Price Scare

Jun 7 2010 // Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a new industry study. Average premiums in every line tracked by the Risk and Insurance Management...

Who’s Getting Sued in Securities Class Action Lawsuits Now?

Jun 7 2010 // Securities class action lawsuits are the most important factor driving claims severity for directors and officers (D&O) insurers. Securities lawsuit filings levels ebb and flow over time, and for most of 2010,...

CNA Takes Over Not-for-Profit Directors & Officers Liability Program

Jun 1 2010 // CNA Financial Corp. said it is taking over the underwriting and administration of the existing Not-for-Profit Directors & Officers (D&O) program formerly managed by Victor O. Schinnerer & Co. starting today. In...

LIU’s Private Company D&O Now an Admitted Product in 47 States

May 26 2010 // LIU, the specialty lines division of Liberty Mutual Group, has filed its Private Advantage Company Combo policy for directors and officers as an admitted product in 47 states. LIU originally launched this product in 2008...

Price Scare

May 3 2010 // Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a new industry study. Average premiums in every line tracked by the RIMS Benchmark Survey fell in...