Latest Directors Officers Headlines

All the headlines from our Directors Officers Topic Page, ordered by recency.

S&P: Commercial Lines Outlook Still Negative

Jun 23 2003 // NEW YORK – Two years into the hardest market in decades, the insurance business is still paying the price for the “irrational exuberance” of its recent years, in the words of Robert Partridge, a Managing...

S&P: Commercial Lines Outlook Still Negative

Jun 23 2003 // Two years into the hardest market in decades, the insurance business is still paying the price for the “irrational exuberance” of its recent years, in the words of Robert Partridge, a managing director at...

D&O Liability

Jun 23 2003 // Nuts & Bolts: Navigators Pro, a division of Navigators Management Company, introduced the IDL InNAVation(SM) coverage endorsement for independent directors as an addition to its traditional primary directors and...

Best Releases D&O Market: A Crisis in Remediation Report

May 20 2003 // Writers of directors and officers insurance are facing a lengthy catch-up period, given the increased frequency and substantially greater severity of claims since the mid-1990s, according to the special report, “The...

Woodruff-Sawyer Focuses on Delivering Results

May 19 2003 // In our continuing series on Agency Insights, we look at Woodruff-Sawyer, a brokerage specializing in a variety of services. A member of Assurex, the company is led by CEO, Stan Loar, Chairman of the Board, Doug Morton, and...

National Union Fire Co. Unveils Maximum A-Side Excess Coverage for D&O

May 13 2003 // National Union Fire Insurance Company of Pittsburgh, Pa.® (National Union), a member company of American International Group, Inc. (AIG), has introduced Maximum A-Side Excess Insurance(SM) (MAX), a “Side A”...

IBA West Blue Ribbon Conf. Tackles E&O, D&O Liability Issues

May 8 2003 // Powerpoint presentation from Tuesday’s D&O panel discussion Day three of the IBA West Blue Ribbon Conference in Hawaii featured a panel discussion about important issues for the broker concerning E&O and...

Zurich N.A. Enhances Private Solutions Coverage

May 6 2003 // Schaumburg, Ill.-based Zurich North America, a leading commercial property-casualty insurance provider, announced that it has expanded its popular Zurich Private Solutions(SM) insurance coverage. The Zurich Private...

RIMS Report: Property Market Softens, Will Casualty Follow’

May 5 2003 // A report released at the recent Risk & Insurance Management Society (RIMS) conference in Chicago found that after only two years of double-digit percentage premium increases, the property market has already begun to...

D&O LIABILITY COSTS UP AGAIN

May 5 2003 // Directors & Officers (D&O) liability insurance cost nearly 30 percent more in 2002, according to Tillinghast Towers Perrin’s 2002 Directors & Officers Liability Survey. The increase followed similar...

Study Says D&O Liability Premiums Soar, Shareholder Claims Increase

May 5 2003 // On the heels of similar increases from the previous year, purchasers of Directors & Officers (D&O) liability insurance paid nearly 30 percent more for their D&O coverage, according to Tillinghast Towers...

Chubb Notes Record 1stQ Net Income of $224.6M

May 1 2003 // The Chubb Corporation reported that net income in the first quarter of 2003 was a record $224.6 million, a 13.3 percent increase over net income of $198.2 million in the first quarter of 2002. Net income per share...

Erie Indemnity Elects Directors and Officers

Apr 30 2003 // Erie Indemnity Company announced that the shareholders at their annual meeting had elected as directors all of the nominees recommended by the nominating committee, expanding the board from 12 to 15 members. It listed the...

Tillinghast Study Says D&O Liability Premiums Skyrocket as Shareholder Claims Increase

Apr 28 2003 // On the heels of similar increases from the previous year, purchasers of Directors & Officers (D&O) liability insurance paid nearly 30 percent more for their D&O coverage, according to Tillinghast Towers...

Gulf Partners with Corpedia to Reduce D&O Risk of Loss

Apr 16 2003 // New York-based Gulf Insurance Group, a provider of directors and officers liability (D&O) and Phoenix-based Corpedia Corporation have come together to provide incentives to reduce the risk of loss through compliance...

Navigators Pro Introduces IDL InNAVation Coverage for Independent Directors

Apr 16 2003 // Navigators Pro, a division of Navigators Management Company, a subsidiary of The Navigators Group, Inc. (www.navg.com), has introduced the IDL InNAVation(SM) coverage endorsement to its traditional primary directors and...

Despite Market Turmoil, Co’s Still Buying D&0 Says Allianz

Apr 11 2003 // Although capacity for directors and officers’ liability insurance has contracted significantly and prices have soared in the past two years, the vast majority of professional risk managers say they are obtaining...

Travelers Bond Launches Online Premium Indication Tool

Apr 9 2003 // Travelers Bond, a division of Travelers Property Casualty Corp. announced the debut of a new tool that allows agents to obtain – via the Internet – premium indications for Travelers executive liability...

Instant Rating for D&O, EPLI, Fiduciary, Crime

Mar 27 2003 // Nuts & Bolts: Via their Web site, Dwyer & Associates can now offer retail agents the opportunity to input their client’s information on-line and instantly receive a quotation via email for D&O (for...

Instant Rating for D&O, EPLI, Fiduciary, Crime

Mar 27 2003 // Via their Web site, Dwyer & Associates can now offer retail agents the opportunity to input their client’s information online and instantly receive a quotation via e-mail for D&O (for profit entities),...