Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Cutter & Buck Announces D&O Insurer’s Rescission Notice
Dec 10 2002 // Seattle-based Cutter & Buck Inc. announced that the Company has received notice that its primary directors’ and officers’ liability insurance carrier is attempting to rescind the Company’s...
Travelers Introduces New D&O Liability Policy
Dec 6 2002 // Travelers Bond, a division of Travelers Property Casualty Corp. has unveiled Broad Form PLUS+(SM), a new policy that offers personal asset protection for directors and officers when primary coverage and/or indemnification...
Settlement between AIG, WorldCom Approved by Judge
Nov 27 2002 // A federal judge has approved an insurance settlement between bankrupt telecommunications company WorldCom Inc. and National Union Fire Insurance Company, a unit of AIG. According to Dow Jones, the approval was reached days...
Brother, Could You Spare Some Coverage’ Some Nonprofits Face Shrinking D&O, EPL
Nov 25 2002 // Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and...
Helping Nonprofits through Difficult Times
Nov 25 2002 // This year nonprofit acquaintances often have asked me a question for which I have no answer. That is, “Why are commercial insurers non-renewing my nonprofit?” Our experience with nonprofits has been favorable,...
Brother, Could You Spare Some Coverage’ Some Nonprofits Face Shrinking D&O, EPL Capacity
Nov 25 2002 // Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and...
Helping Nonprofits Through Difficult Times
Nov 25 2002 // This year nonprofit acquaintances often have asked me a question for which I have no answer. That is, “Why are commercial insurers non-renewing my nonprofit?” Our experience with nonprofits has been favorable,...
AAI Gathering Told Increased Corporate Governance Requirements Will Impact Both Stock and Mutual Insurers
Nov 18 2002 // The strict new requirements of the Sarbanes-Oxley Act of 2002 will impact not only publicly-held insurance companies, but they also set the bar for mutual insurers, according to experts who spoke at the Corporate...
Sarbanes-Oxley Act and Directors & Officers Coverage
Sep 30 2002 // Living in the nation’s energy capital, Houston, is never boring. During the oil and gas boom-times, the city is in perpetual motion and lawyers are running around doing deals. During the bust periods, the lawyers get...
Sarbanes-Oxley Act and Directors & Officers Coverage
Sep 30 2002 // Living in the nation’s energy capital, Houston, is never boring. During the oil and gas boom-times,the city is in perpetual motion and lawyers are running around doing deals. During the bust periods, the lawyers get...
PLUS-Midwest Seminar to Discuss D&O Legal Issues
Sep 11 2002 // The Midwest Chapter of PLUS, the Professional Liability Underwriting Society, has organized a seminar on Tuesday, September 17, featuring discussion by experts on current issues concerning Directors & Officer’s...
CNA Launches Specialty D&O and Fiduciary Liability Lines
Sep 10 2002 // Schinnerer & Company Inc. of Chevy Chase, Md. is now offering liability coverage to architects, engineers, land surveyors, landscape architects and specialty consultants through CNA’s E-Pack. With this newest...
New Market: D&O Business Travel
Jul 22 2002 // American International Group has announced enhanced Directors, Officers and Corporate Liability insurance coverage that includes Business Travel Accident Insurance and Travel Assistance Services. The Business Travel...
D&O Business Travel
Jul 22 2002 // Nuts & Bolts: American International Group announced enhanced Directors, Officers and Corporate Liability insurance coverage that includes Business Travel Accident Insurance and Travel Assistance Services. The...
New Market: Condo/Homeowner Assoc., Property Management Firms, Managers
Jul 9 2002 // Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ compensation....
WorldCom Disclosures Batter the D&O Market
Jul 8 2002 // WorldCom’s recent revelations of accounting irregularities that resulted in the company overstating pretax profits by nearly $4 billion in 2001 and early 2002 are yet another blow to a directors and officers...
Condo/Homeowner Assocs., Prop. Manage-ment Firms, Managers
Jul 8 2002 // Nuts & Bolts: Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’...
Philadelphia Ins. Expands DO to Cover Workplace Violence, Internet, EPL
Jun 3 2002 // June 3, 2002 Philadelphia Insurance Companies’ announced the introduction of their new “Flexi-Five® non-profit D&O policy,” described as “providing traditional D&O coverage along with:...
News Analysis: Commentary on Full Year 2001
Apr 29 2002 // The property/casualty insurance industry reported a statutory rate of return of negative 2.7 percent in 2001, down from 6.5 percent return for the year 2000. The results were released by the Insurance Services Office, Inc....
LMI and Highlands Sued by Ohio Insurance Director
Apr 19 2002 // Ohio Director of Insurance Lee Covington, acting in his capacity as liquidator of property and casualty insurer LMI Insurance Company, has sued LMI’s parent, Highlands Insurance Group and other affiliated companies...
