Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Navigators Launches Worldwide Side A D&O Policy
Jul 18 2012 // The Navigators Group, Inc.’s Navigators Pro division has introduced Side A Global InNAVation, a directors and officers (D&O) liability policy to address emerging global risks. This new policy offers dedicated...
Facebook Fiasco Disrupting IPO Insurance Market
Jul 2 2012 // The Facebook initial public offering (IPO) fallout has started and its effects are being felt in the area of directors and officers insurance coverage for future social media IPOs. “D&O underwriters will view...
Public Companies Underestimate Risk of D&O Lawsuit: Survey
Jul 2 2012 // Despite the odds that public companies and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent believe this is unlikely. “This general lack...
Facebook Fiasco, ‘Blank Check’ Companies Disrupt IPO Insurance Market
Jun 21 2012 // The Facebook initial public offering (IPO) fallout is just getting started, but its effects are already being felt in the insurance community when it comes to covering directors and officers for future social media...
Public Companies Underestimate Risk of Directors and Officers Lawsuit: Survey
Jun 18 2012 // Public company executives may be in for a surprise lawsuit. Despite the odds that they and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent...
Why Purchase Side ‘A’ Directors & Officers Liability Coverage?
Jun 18 2012 // Our clients sometimes ask why they should purchase side “A” directors and officers (D&O) liability coverage to protect their directors and officers from lawsuits when they are already providing broad...
Willis Publishes D&O Dictionary
May 25 2012 // Willis North America, a unit of Willis Group Holdings, has published its Directors and Officers Liability (D&O) Insurance Dictionary, offering firms an overview of terms that are likely to be used in describing their...
Willis’ DARCstar D&O Program Marks First Year with New Offerings
May 18 2012 // To mark the anniversary, May 18, 2012, of its DARCstar Directors & Officers (D&O) insurance coverage, Willis Group Holdings has introduced a new improved version of the form, and has launched two new products in...
ACE Adds Preferred Securities Panel Option to D&O Policies
May 7 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has enhanced its directors & officers liability policy with a non-mandatory panel counsel option. The ACE Preferred Securities Panel consists of law...
D&O Liability Rates Firmed in First Quarter: Marsh
Apr 26 2012 // Rates for directors and officers’ (D&O) liability insurance appear to be firming, having risen only 1.5 percent in the first quarter. According to a benchmark report from insurance broker Marsh, that 1.5 percent...
Washington Mutual Sues Its D&O Insurers
Apr 16 2012 // Washington Mutual Inc. recently filed a lawsuit against a dozen insurance companies that had provided directors’ and officers’ coverage. The troubled bank holding company that just completed its Chapter 11...
Securities Fraud Settlements in 2011 Were Lowest in Decade
Apr 2 2012 // Angry investors are seeing far fewer financial benefits from lawsuits accusing corporate America of securities fraud, but may be on the cusp of a turnaround. The number and size of securities fraud settlements that won...
Why Board Members Need Community Association D&O Liability
Apr 2 2012 // Community associations present a unique set of challenges to insurance brokers. Education is a key component to understanding these challenges and it is the insurance broker’s job to educate and explain the types of...
XL Insurance Operations Enhances ‘Side A’ D&O Coverage
Mar 30 2012 // XL Insurance has enhanced its broad form “Side A” D&O Coverage on an excess difference in conditions basis. It provides an additional limit of liability for independent directors, defense costs coverage for...
Washington Mutual Sues Its D&O Insurers, Seeks Up to $250M
Mar 26 2012 // Washington Mutual Inc. recently filed a lawsuit against a dozen insurance companies that had provided directors’ and officers’ coverage. The troubled bank holding company that just completed its Chapter 11...
Commercial Lines Prices Up for 4th Straight Quarter: Survey
Mar 12 2012 // Commercial insurance prices increased an aggregate 3 percent during the fourth quarter of 2011, the fourth consecutive quarter during which prices for all standard commercial lines rose. Additionally, earned price...
Bankers and Their Insurers Escape Big Penalties in FDIC Prosecutions
Feb 24 2012 // Like many banks engulfed by the mortgage crisis, First National Bank of Nevada specialized in risky home loans that didn’t require borrowers to prove their incomes. When the housing bubble burst, First National got...
U.S. Firms Seek Clarity on Anti-Bribery Law
Feb 22 2012 // U.S. corporations asked the government to explain what it considers a bribe of a foreign official, saying the lack of clarity has had a chilling effect on business. The Chamber of Commerce and dozens of other trade groups...
Beazley Simplifies D&O Purchases for U.S. Multinational Companies
Feb 8 2012 // Beazley Group plc has introduced Beazley Bridge, a product that will allow U.S. multinational companies to cover executives outside the country through a single contract. The single policy will protect directors and...
Tougher U.S. Commercial Market Conditions in 2012: Marsh
Feb 6 2012 // U.S. commercial insurance rates are expected to climb across many lines of business in 2012, continuing a trend that began in the second half of 2011, according to a report by insurance broker Marsh. Substantial...
