Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
D&O Insurer Dodges Coverage for $4.9M Embezzlement Scheme
Jan 5 2023 // A directors and officers insurer has no duty to defend a New Mexico financial organization from litigation filed after its former chief executive officer was convicted of stealing $4.9 million from clients, a federal...
Markets/Coverages: QBE Europe Launches Warranty & Indemnity Product; Miller Launches D&O Product for UK Construction Sector
Dec 16 2022 // QBE Europe Launches Warranty & Indemnity Product QBE announced the introduction of Warranty and Indemnity (W&I) insurance in Europe for the first time to further support customers. The new product reflects an...
D&O Buyers See More Capacity, Competitive Conditions, but Risk Factors Loom: Allianz
Dec 15 2022 // Public and private D&O buyers are seeing more competitive conditions, fueled by a reduced number of U.S. securities class actions, a slowdown in M&A activity, as well as an influx of new market entrants. However,...
What to Watch In Healthcare D&O, EPLI Post-COVID
Dec 5 2022 // The dark days of the pandemic are finally easing for the healthcare industry, bringing much needed insurance capacity back for directors and officers (D&O) and employment practices liability insurance (EPLI) coverage...
People Moves: Renewable Energy Lead at Marsh Specialty; Regional D&O Team Hires at AXA XL; Chubb Names Chief Culture Officer
Nov 22 2022 // Marsh Specialty Appoints Kolodner Global Renewable Energy Leader Marsh has appointed Michael Kolodner as global renewable energy leader, Marsh Specialty. Kolodner rejoined Marsh in 2020 as U.S. power and renewable energy...
D&O Pricing Falls 14.7% in Q3, Breaking 17 Quarters of Pricing Increases: Aon
Nov 21 2022 // Directors and officers liability pricing fell 14.7% in the third quarter, according to a recent survey. Aon’s Financial Services Group’s Q3 2022 pricing index for the quarter ending on September 30 decreased to...
New SEC Disclosure Rules May Drive Up D&O Claims
Nov 21 2022 // New rules proposed by the U.S. Securities and Exchange Commission on cybersecurity and climate impact disclosures may generate more lawsuits that will generate claims against directors and officers (D&O) policies,...
D&O Pricing Falls 14.7% in Q3, Breaking 17-Quarters of Pricing Increases: Aon
Nov 10 2022 // Directors and officers liability pricing fell 14.7% in the third quarter, according to a recent survey. Aon’s Financial Services Group’s Q3 2022 pricing index for the quarter ending on September 30 decreased to...
New SEC Disclosure Rules May Drive Up D&O Claims
Nov 10 2022 // SAN DIEGO — New rules proposed by the US Securities and Exchange Commission on cybersecurity and climate impact disclosures may generate more lawsuits that will generate claims against directors & officers policies,...
Basketball Hall of Fame and Chubb Insurer Hit the Court Over D&O Coverage
Sep 20 2022 // The Basketball Hall of fame (BHoF) is suing Chubb Group subsidiary Federal Insurance Co. to have the insurer defend and indemnify it in a case accusing it of attempting to unlawfully secure funds for renovations to its...
It’s Over: Lasting Underwriting Profits in U.S. D&O Market Unlikely, Fitch Says
Sep 2 2022 // Three years of soaring directors and officers liability insurance prices pushed combined ratios down to the mid-to-high 90s, but new entrants and potential claims volatility may spell trouble for underwriters in the years...
Markets/Coverages: Beazley, Paragon Partner on Weather Guard; Praedicat, Experian Collaborate on D&O Models; Armadillo Expands With 100 Agencies
Sep 1 2022 // Beazley to enter distribution partnership with Paragon for Weather Guard Specialty insurer Beazley announced a new, efficient and effective online portal solution for its leading Weather Guard product. The new robust...
Lloyd’s Owes $3M in Prejudgment Interest for Late Payment of D&O Claim
Aug 23 2022 // Lloyd’s of London underwriters must pay more than $3 million in pre-judgment interest in addition to the $10 million the syndicate has already paid in damages for the wrongful acts of the former directors of a bank...
Takeaways from Our Conversation About Why Most Small-to Mid-Size Cannabis Operators Shun D&O
Aug 1 2022 // Powered by InsuranceJournal.tv Directors and officers insurance has been pricey and tough to obtain for cannabis companies since the industry started requiring coverage. D&O is difficult in most business sectors (For...
More Insurers to Offer Better D&O Coverage to Businesses With Robust ESG Frameworks: Marsh
Jun 30 2022 // Marsh announced today several enhancements to directors and officers liability (D&O) insurance offerings that could enable more clients to benefit from superior environmental, social, and governance (ESG)...
Markets/Coverages: Beazley Starts D&O for Crypto Companies; Notion PRO New 24/7 Professional Home Monitoring
Jun 15 2022 // Specialist insurer Beazley said it launched CryptoGuard, a new directors & officers liability (D&O) insurance product tailored specifically for crypto companies – the first of its kind in the London and US...
Berkshire Hathaway Specialty Insurance Introduces D&O Insurance Policy in France
Jun 14 2022 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has introduced a proprietary directors & officers insurance policy in France. “Our new D&O liability policy provides companies and their management...
D&O Market Has Most Profitable Year Since 2014 but Results May Be an Anomaly
May 11 2022 // The directors and officers insurance marketplace in 2021 enjoyed its most profitable year since 2014 but results have to be “viewed as a possible aberration rather than a the start of a trend,” according to a...
Takeaways from Our Conversation on Cannabis D&O
Apr 29 2022 // Powered by InsuranceJournal.tv Directors and officers insurance is pricey and difficult to obtain in most business sectors, but by some accounts cannabis businesses may pay up to 50% more in premiums for D&O – if...
D&O Loss Ratios Unchanged by Rate Hikes; Supply Disruption to Fuel Suits
Apr 18 2022 // Directors and officers liability insurance premium rate hikes have not had the anticipated impacts on loss ratios that carriers had hoped for, AM Best reported in March, citing the impact of social inflation on rising...
