Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Competitors Offer to Fill the Gaps
Oct 6 2008 // There have been some subtle and not-so-subtle moves by competitors in reaction to AIG’s troubles. Navigators Pro increased its capacity for directors and officers (D&O) liability insurance, citing the...
Marsh Notes Increase in UK Class Actions Spurs Coverage Demands
Sep 23 2008 // A combination of “class action contagion from the US and growing economic uncertainly have spurred an unprecedented surge in the demand for management liability insurance among the UK’s top firms,”...
Conning: D&O Market Finds Way to Grow Even In Overall Soft Market
Sep 22 2008 // Over the past decade, the directors and officers liability market has grown faster than the broader property/casualty market, at nearly double the rate of the commercial lines average. Premium growth has come from pricing,...
Conning Research: Niche Focus Spells Success in D&O Market
Sep 2 2008 // Over the past decade, the directors and officers liability insurance market has grown faster than the broader property/casualty market, at nearly double the rate of the commercial lines average. Premium growth has come...
Mid-Year 2008: Securities Lawsuit Filings Remain Up
Aug 21 2008 // The continued steady subprime and credit crisis-related lawsuit filing level suggests that the litigation wave will continue during the second half of 2008. Is litigation stemming from the subprime- and credit...
People
Aug 4 2008 // Narragansett Bay Insurance Co. of Pawtucket, Rhode Island has named Mark Talerico chief risk officer. Talerico will oversee Narragansett’s distribution of risk in homeowners insurance, and guide the insurers exposure...
Mid-Year 2008: Securities Lawsuit Filings Remain Up
Aug 4 2008 // Subprime and Credit Crisis Filings Show No Sign of Abating Is litigation stemming from the subprime- and credit crisis-related activity increasing directors’ and officers’ insurance premiums? Despite the steady...
LIU Creates D&O Coverage to Protect Against Global Warming Litigation
Jul 31 2008 // Liberty International Underwriters, a part of Liberty Mutual Group, has created Private Advantage Company Combo policy to provide broad private company management coverage for directors and officers, employment practices...
Survey: Private Firms More Exposed to Liability Risks, But Less Protected
Jul 30 2008 // More than one-third of U.S. businesses do not purchase any type of management or professional liability insurance. Yet, two out of three U.S. private companies have experienced some type of event related to management or...
Sustainability Risks Create Challenges for Actuaries
Jul 8 2008 // Sustainability risks are one of the most critical emerging risk areas of the 21st century and actuaries will need to develop mitigation and financing strategies for handling them. “Sustainability risks are going to...
ACE to Issue Enhanced ‘CODA’ Policies at Inception
Jun 23 2008 // ACE Bermuda International announced that effective July 1, 2008 all CODA policies will be issued at inception. The company also announced the launch of its new 2008 CODA policy aimed at the UK business market, featuring...
Hudson Insurance Acquires D&O Agency Hooghuis
Jun 10 2008 // Hudson Insurance Group, the U.S. insurance division of Odyssey Re Holdings Corp., reports it has acquired Hooghuis Group LLC, an underwriting agency specializing in U.S. directors and officers liability (D&O)...
Willis Risk Manager Conference Examines Brazil, China Energy Sector
Jun 4 2008 // Willis recently hosted a conference of senior risk managers from the US oil and gas industry at its inaugural Global Risk Challenge seminar in Houston. They concentrated on finding out more about some of the major...
Simple Successful in a Complex World
May 5 2008 // Woodruff-Sawyer and Co., ranked #16 in the Insurance Journal Top 100 Independent Agencies, continues to grow, handling complex commercial risks here in the U.S. and in foreign countries. Since the agency’s founding...
What’s An Agent to Do When a Potential D&O Claim Arises?
Apr 18 2008 // A situation that could lead to a directors and officers liability claim arises. What’s an agent or broker to do? According to Susanne Murray of the New York office of insurance broker HRH, an expert in D&O...
Lloyd’s Comments on Impact of UK’s Corporate Manslaughter Act
Apr 15 2008 // Lloyd’s warned UK executives that the Corporate Manslaughter Act and Corporate Homicide Act 2007, which came into effect on Sunday, April 6, may result in a “string of new prosecutions for fatal accidents that...
ACE Increases UK Corporate Cover in Response to Manslaughter Law
Apr 14 2008 // ACE Europe announced the launch of the “Elite IV Entity Extension,” an endorsement to its Elite IV Directors & Officers (D&O) cover, which provides increased protection to private companies facing...
Beazley’s New UK D&O Program
Apr 10 2008 // The UK’s Beazley Group plc has introduced “Beazley Armour,” which it describes as a “Side A policy form designed to provide exceptional protection for directors and officers and, on an excess basis,...
Climate Change Heats Up Insurance Industry
Apr 7 2008 // Greenhouse gases (GHGs) have gotten a bad rap, according to Mark C. Bove, senior research meteorologist, catastrophic risk management for Munich Reinsurance America. Speaking on a panel about climate change at the...
Beecher Carlson: Energized for Growth
Apr 7 2008 // Atlanta-based broker just keeps going and going while striving to maintain service excellence The “Energizer Bunny” of property/casualty insurance brokerages worldwide — that seems an apt description for...
