Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Tougher U.S. Commercial Market Conditions in 2012: Marsh
Jan 25 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...
New Global Risks Create Need for Expanded Directors & Officers Liability Program
Jan 23 2012 // The risk of lawsuits against senior executives has long been a major concern for businesses in the United States. But in the last few years it has become a much more serious global exposure as well. The international legal...
Regulatory Investigations Top Directors’ List of Concerns: Willis/Overy Survey
Dec 14 2011 // The liability risks facing company directors and officers are intensifying in the wake of the economic crisis. At the head of the list are “regulatory investigations and enquiries,” which pose the greatest...
DUAL Corporate Risks Adds More D&O Capacity from Aspen, Pembroke
Dec 5 2011 // London-based specialist underwriting agency DUAL Corporate Risks announced that it has entered into a strategic partnership with Aspen Managing Agency Limited (Syndicate 4711) and Pembroke Managing Agency Limited...
Lessons From Penn State Scandal
Dec 5 2011 // It will take years before the tight-knit community at Penn State University can put its horrendous scandal behind. This awful event is a reminder of just how important risk management can be. It behooves Penn State (and...
RIMS: Soft Market Has Hit Bottom for Commercial Lines
Dec 5 2011 // Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked. This “strongly suggests” that an eight-year period of...
Soft Market Has Hit Bottom for Commercial Lines, New RIMS Survey Says
Nov 16 2011 // Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked. This “strongly suggests” that an eight-year period of...
Lawyers, Firms Line Up as MF Global Crumbles
Nov 14 2011 // Just days after the collapse of MF Global, a healthcare plaintiffs’ lawyer registered the domain mfglobal-lawsuit.com — a sign of the legal business the brokerage’s failure is expected to...
Wanted: Industry Seeks Out Specialty Marine Brokers
Oct 3 2011 // Two developments in the marine market have combined to create a tantalizing opportunity for wholesale brokers and managing general agents (MGAs) to serve the marine marketplace. While marine revenues remain fairly flat,...
Williams to Head Liberty International’s D&O, Financial Institutions Business
Sep 27 2011 // Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, has appointed Guy Williams as Head of Directors & Officers and Financial Institutions (D&O/FI). He is an experienced...
Insurance Noodle to Offer ACE D&O, E&O Coverage Through Online Hub
Sep 6 2011 // Insurance Noodle, part of Willis North America, a unit of Willis Group Holdings, has added has added the management and professional liability products of ACE Commercial Risk Services to the offerings of its online quoting...
Declarations
Aug 1 2011 // Housing and Recovery “Ensuring that residents, and especially families, have access to adequate, affordable housing is a critical part of that recovery process.” —Missouri Gov. Jay Nixon, announcing plans to...
Who Is Paying News Corp. Legal Bills? – D&O Coverage Heavily Involved
Aug 1 2011 // With executives from News Corp., the media giant owned by Rupert Murdoch, and some of its subsidiaries heading for the exits, legal bills from the phone-hacking scandal rocking the company are no doubt stacking up. But...
Who Is Paying News Corp. Legal Bills? – D&O Coverage Heavily Involved
Jul 20 2011 // With executives from News Corp. and some of its subsidiaries heading for the exits, legal bills from the phone-hacking scandal rocking the company are no doubt stacking up. But depending on the companies’ directors...
Marsh Launches Coverage for Foreign Corrupt Practices Act Investigation Costs
Jul 12 2011 // Marsh has created a new form of insurance protection designed to provide coverage for Foreign Corrupt Practices Act (FCPA) investigations. Developed by Marsh’s Financial and Professional Liability Practice (FINPRO),...
U.S. Hurricane Season Could Be Market Tipping Point: Marsh
Jul 11 2011 // Reacting to the recent spate of major natural catastrophes, insurers are being more selective in the capital they deploy and have in some cases withdrawn from catastrophe affected regions and loss-making sectors of...
Casualty Actuaries Should Consider Foreign Customs, Economics, Politics
Jun 23 2011 // A bulletin from the Insurance Information Institute notes that a recent Casualty Actuarial Society seminar advises actuaries that when it comes to pricing global reinsurance business, it’s important to remember that...
Bowden joins Lloyd’s Marketform as D&O Underwriter
Jun 8 2011 // Lloyd’s insurer Marketform announced that Directors’ and Officers’ liability underwriter Alexis Bowden has joined the company. She spent 11 years underwriting D&O at ACE European Group prior to...
Willis Launches All Risk Cover for Company Directors
May 20 2011 // Willis has responded to the “increasingly challenging” regulatory environment in the UK by introducing an enhanced professional liability product with the acronym DARCSTAR, which stands for Directors’ All...
Liberty International Underwriters in Europe Launches Football Charity Appeal
May 4 2011 // The London office of Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, announced that it is organizing a charity football match at Charlton Athletic’s Valley ground on...
