Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
A Soft Landing
Nov 1 2009 // This soft market is likely to linger into the New Year. Analysts Forecast Healthy Q3 Reports from Insurers” promised the headline on Insurance Journal‘s Web site, www.insurancejournal.com, on Oct.22. Reuters...
Forecast: Still Soft
Nov 1 2009 // Analysts Forecast Healthy Q3 Reports from Insurers promised the headline on Insurance Journal Oct.22. Reuters was reporting that third-quarter earnings reports from insurers would look a lot better than they did a year ago...
What to Watch Now in the World of D&O
Nov 1 2009 // Due to constantly evolving financial and litigation environments, the issues that are most critical in the world of directors’ and officers’ liability insurance vary significantly over time. This overview...
Increase in IPOs Causing Surge for D&O Coverage Says Marsh
Oct 29 2009 // According to a bulletin from Marsh’s London office the “increase in the number of companies considering an initial public offering (IPO) or general capital raising is behind a surge in interest in taking out...
2010 Looks to Be Painful Year for P/C Insurers, Brokers: Advisen
Oct 22 2009 // Economists have declared the Great Recession over, but its lingering effects will continue to chip away at commercial property/ casualty premiums through 2010, according to insurance experts. A new Advisen Ltd. briefing...
Marsh Launches Private Company D&O Liability Diagnostic Tool
Oct 22 2009 // Marsh’s London office announced that it has launched a new Directors’ and Officers’ (D&O) liability diagnostic tool for private companies domiciled in the UK. “The service is free to clients...
Judge: Stanford, Others May Seek Defense Fees From Lloyd’s D&O Policy
Oct 13 2009 // Financier Allen Stanford and other executives who face charges related to an alleged $7 billion fraud may file claims for defense funds under a directors’ and officers’ insurance policy, a federal judge said...
California’s Woodruff-Sawyer Buys Western D&O from Carpenter Moore
Oct 6 2009 // California insurance agency Woodruff-Sawyer & Co. has acquired the Western region direct practice of Carpenter Moore from NASDAQ OMX Group Inc., according to the company. The Western region direct practice, based in...
Lloyd’s D&O Coverage an Issue in Stanford Fraud Case
Oct 5 2009 // Lloyd’s of London has told a federal judge he should not allocate the proceeds of a directors and officers insurance policy for accused swindler Allen Stanford and other executives because they have no guarantee of...
Lloyd’s Directors & Officers Insurance At Issue in Stanford Fraud Case
Sep 15 2009 // Lloyd’s of London said a federal judge should not allocate the proceeds of a directors and officers insurance policy for accused swindler Allen Stanford and other executives because they have no guarantee of...
Willis Survey Finds UK Commercial D&O Sector Resists Rate Increases
Sep 14 2009 // A new survey by Willis concludes that “the commercial sector continues to resist the sharp rate increases for Directors & Officers insurance seen in the financial institutions sector, with the average premium...
Aon Survey Finds UK’s D&O Premiums Still Below U.S. Rates
Sep 9 2009 // According to Aon’s Quarterly D&O Pricing Index, “US financial institutions (FI) saw premium increases of 15 percent on average in Q2,” as did a number of the UK’s financial institutions....
Travelers Offers Network and Information Security Offense Coverage
Aug 27 2009 // Travelers Bond & Financial Products is now offering Network and Information Security Offense coverage endorsements on its Wrap+ policies. These endorsements are available for eligible policyholders in targeted private...
D&O Insurance: Cost Versus Value
Jul 20 2009 // Not Like Your Typical Running Shoes Most reasonably sophisticated consumers understand that the cheapest running shoes may be no bargain, that the least expensive cellular plan may have big gaps, and that selecting legal...
Buying D&O Insurance on Price Alone: Careless
Jul 20 2009 // Most reasonably sophisticated consumers understand that the cheapest running shoes may be no bargain, that the least expensive cellular plan may have big gaps, and that selecting legal counsel based on which attorney...
D&O Insurance: Cost Versus Value
Jul 20 2009 // Not Like Your Typical Running Shoes Most reasonably sophisticated consumers understand that the cheapest running shoes may be no bargain, that the least expensive cellular plan may have big gaps, and that selecting legal...
Insurance in Times of Financial Crisis
Jun 15 2009 // Legal Issues To Be Aware Of With EPL, D&O and Fiduciary Liability Insurance The current financial crisis affects almost every aspect of our business life — that includes insurance. Businesses need to be wise...
Berkshire’s National Indemnity Backs XL Capital D&O
Jun 10 2009 // A unit of Warren Buffett’s Berkshire Hathaway Inc. has agreed to provide guarantees on XL Capital Ltd directors and officers (D&O) liability insurance policies that protect corporate boards and executives...
Guy Carp Report Details EU Developments Affecting Insurance
Jun 9 2009 // Guy Carpenter & Company has published the latest installment in its series of updates on key legislative and legal developments impacting insurers and reinsurers in Continental Europe. The briefing addresses the...
The Growing Number of Bank Failures and the D&O Insurance Marketplace
Jun 1 2009 // In what has become a ritual, each Friday evening the Federal Deposit Insurance Corp. (FDIC) announces the names of the banks it has taken over that week. As of May 19, 2009, the number of year-to-date bank closures stands...
