Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Small market share insurers file 2.5% decrease
Nov 4 2007 // 10 Mass. caps auto hikes at 10% Because the shooter was in an uninsured car, says N.J. court 12 Driving the transition An interview with Mass. Commissioner Burnes N1 Survey reports drop in new lawsuits Actions filed...
British D&O insurer asks N.Y. court to confirm that former Tyco chief owes $2 million
Nov 4 2007 // A British insurance company has asked a New York state court to confirm an arbitration award that directs imprisoned corporate thief L. Dennis Kozlowski, former head of Tyco International Ltd., to pay nearly $2 million...
Options Backdating: One year later
Nov 4 2007 // A year ago, the emerging stock options backdating scandal was a hot topic, dominating the headlines of the financial pages and commanding the attention of the professional liability industry. The options backdating story...
Options Backdating: One year later
Nov 4 2007 // A year ago, the emerging stock options backdating scandal was a hot topic, dominating the headlines of the financial pages and commanding the attention of the professional liability industry. The options backdating story...
How to Beat the Soft Market Blues
Nov 4 2007 // The market for management liability coverages is soft. Premiums are down, which means revenues are down. Yet there still are tremendous opportunities for proactive agents and brokers to sell the coverages, according to...
10 Calif. DOI partners with CAL FIRE
Nov 4 2007 // Groups aim to prevent fire losses during height of wildfire season 10 Hawaii approves 19.3% workers’ comp decrease NCCI recommended 16.8 percent drop 10 Calif. approves AAA’s 6.5% auto rate reduction Carrier...
Options Backdating: One year later
Nov 4 2007 // A year ago, the emerging stock options backdating scandal was a hot topic, dominating the headlines of the financial pages and commanding the attention of the professional liability industry. The options backdating story...
D&O underwriters assess the subprime meltdown
Nov 4 2007 // When defaults in U.S. mortgages reached record levels in the second quarter of 2007, forcing a large number of subprime mortgage lenders to shut down or file for bankruptcy, the fallout spread quickly throughout the...
Value analysis in the current D&O market
Nov 4 2007 // Competition in the insurance market is heating up, and as the directors and officers (D&O) market continues to soften, primary carriers are looking for new ways to differentiate themselves and broaden their...
D&O Insurer Asks N.Y. Court to Confirm Tyco Chief Owes $2 MIllion
Oct 17 2007 // A British insurance company has asked a New York state court to confirm an arbitration award that directs imprisoned corporate thief L. Dennis Kozlowski, former head of Tyco International Ltd., to pay nearly $2 million...
D&O, Business Insurance Prices – Except Property – Continue to Drop
Oct 2 2007 // Steady erosion of commercial insurance industry pricing continued during the third quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk...
The subprime mortgage mess and the professional liability insurance industry
Sep 24 2007 // According to the Bank of America, more than $1.3 trillion in adjustable rate mortgages — 70 percent of them subprime — will reset before the end of 2008. The collapse of the subprime mortgage lending industry...
The subprime mortgage mess and the professional liability market
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It has already generated...
Making sense of the subprime mortgage mess
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It also has already...
The subprime mortgage mess and the professional liability market
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It has already generated...
Making sense of the subprime mortgage mess
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It also has already...
AIG Introduces Coverage for Global E&O Liability Needs
Sep 24 2007 // The AIG Cos. introduced a service called AIG Passport for multinational companies’ errors and omissions (E&O) liability insurance to facilitate purchasing locally admitted E&O coverage to cover their...
Insurers Have Manageable Exposure to Subprime Turmoil
Sep 18 2007 // The vast majority of U.S. insurers have little or no exposure to the volatility in the subprime mortgage market because a substantial percentage of their investments are in the highest-rated bonds or stocks with no direct...
CNA Adds D&O and E&O for Private Equity, Venture Capital Firms
Sep 11 2007 // CNA Specialty is now offering directors and officers (D&O) as well as errors and omissions (E&O) coverage for private equity and venture capital firms. CNA is targeting firms whose funds range up to $5 billion in...
AIG Rebrands National Union’s D&O, E&O, EPL as AIG Executive Liability
Sep 7 2007 // The AIG Companies will begin marketing its directors and officers (D&O), errors and omissions (E&O), employment practices (EPL), fiduciary (PTL) and fidelity liability insurance and services under the new AIG...
