Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
How Courts and Claims are Altering the D&O Landscape
Apr 7 2008 // Claims frequency, claims severity, subprime, securities fraud and Stoneridge key issues on the horizon From the vantage point of early 2008, insurers writing directors and officers coverage can look back on the prior year...
Is Now a Subprime Time To Be in D&O?
Apr 7 2008 // Execs ponder Stoneridge, plaintiffs bar shakeups and market volatility at PLUS Symposium Despite the calm, cool manner of the 1,300 well-coiffed underwriters and brokers in attendance, volatility was on the minds of most...
Pacific Underwriters Adopts (I-Bind)® For Private Company and Non-Profit Risks
Mar 20 2008 // New York, NY- March 20, 2008: Pacific Underwriters announced that it has partnered with Darwin Professional Underwriters to place management liability insurance for private company and not-for-profit risks utilizing...
Things to Consider When Estimating Subprime D&O Losses
Mar 10 2008 // Several observers and analysts have recently tried to estimate the insurance industry’s aggregate subprime-related loss exposure. At one end, Bear Stearns has estimated the industry’s exposure at $8 billion to...
Hiscox Warns UK Businesses on Increasing Employee Lawsuits
Mar 5 2008 // According to figures released today by the UK’s Hiscox, “nearly two thirds of smaller businesses are leaving themselves hugely exposed to legal action from their own employees, despite the number of employment...
Financial Institutions’ Directors and Officers Insurance Rates Jump
Feb 28 2008 // Directors’ and officers’ liability insurance costs for financial institutions significantly increased in the fourth quarter of 2007, according to a D&O pricing index released by Aon Corp. Authored by Aon...
Things to Consider When Estimating Subprime D&O Losses
Feb 24 2008 // There are likely to be more securities class action lawsuits in 2008 than any year since the passage of the Private Securities Litigation Reform Act in 1995. In addition, the subprime-related litigation wave is likely to...
D&O Costs Highest for Financial, Tech, Life Science
Feb 24 2008 // A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in energy and...
Study: Subprime Crisis Not Materially Affecting D&O
Feb 24 2008 // The crisis in the subprime mortgage market has had little impact on availability, cost or policy conditions of directors and officers liability (D&O) and errors and omissions liability (E&O) insurance policies,...
The Subprime Mess Spills Into ERISA Lawsuits
Feb 10 2008 // Lawsuits against 401(k) plan fiduciaries and fund managers on the rise Subprime-related ERISA lawsuits fall into one of two categories: lawsuits brought by or on behalf of employees against plan fiduciaries in connection...
Report: D&O Insurance Costs Highest for Financial, Tech, Life Science Firms
Feb 5 2008 // A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in energy and...
Study: Subprime Crisis Not Materially Affecting D&O or E&O Pricing
Feb 5 2008 // The crisis in the subprime mortgage market has had little impact on availability, cost or policy conditions of directors and officers liability (D&O) and errors and omissions liability (E&O) insurance policies,...
The Subprime Mess Spills Into ERISA Lawsuits
Jan 27 2008 // Lawsuits against 401(k) plan fiduciaries and fund managers on the rise In recent 2007 year-end studies, both Cornerstone Research and NERA Economic Consulting documented how the subprime-related litigation wave drove an...
AIG Enhances Corporate Counsel Policy
Jan 23 2008 // The heightened risk of being named in securities litigation has lead corporate counsel to face increasing liability exposures from a variety of claimants. These liabilities may result from legal services provided on behalf...
Survey: Prices Continue to Drop for Commercial Lines Market
Jan 14 2008 // Commercial lines insurance premiums continued to tumble during the fourth quarter of 2007, according to the RIMS Benchmark Survey, an industry survey of policy renewal prices as reported by corporate risk managers. Despite...
Monitor Offers Individual Independent Director Insurance Coverage
Dec 12 2007 // Monitor Liability Managers, Inc. (Monitor), a member company of W. R. Berkley Corp., recently announced the launch of a new Independent Director Lliability (IDL) insurance policy that provides individual protection to...
Chubb Offers New D&O Policy with Board Committee Endorsement
Nov 21 2007 // The Chubb Group of Insurance Cos. has introduced Executive Elite, an excess directors and officers (D&O) liability policy that provides a dedicated limit of liability for directors and officers that is not shared with...
ACE UK Launches ‘Elite’ to Protect Directors & Officers Assets
Nov 16 2007 // ACE UK announced that it has launched “ACE Elite,” which it described as a “portfolio of liability products designed to provide more relevant and appropriate protection in addressing the increased...
Willis Analyzes ‘Subprime Crisis’
Nov 13 2007 // Willis Group Holdings has released an alert from the Company’s Financial Institutions (FI) practice, which looks at the meltdown in the U.S. subprime mortgage industry, which it notes is an “issue that has...
Travelers Expands Directors & Officers Coverage
Nov 6 2007 // Travelers introduced its Advantage 500M for Public Companies, an enhanced directors and officers (D&O) liability policy that is specifically designed to offer more comprehensive coverage for growing public companies...
