Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Tech Firms Under More Scrutiny, Unhappy with D&O Insurance
Apr 19 2021 // With premiums rising and carriers narrowing their terms and conditions, technology companies’ satisfaction with their directors and officers (D&O) liability insurance has plummeted in 2021. Insurance broker Marsh...
Hong Kong Developing SPAC Framework – But Lack of D&O Insurance Could Be Issue
Mar 31 2021 // Hong Kong is expected to have its own blank check company listing framework ready in June for public feedback and targets allowing deals to start by the end of this year, according to people familiar with the matter. The...
Tech Firms Under More Scrutiny and Unhappy with Their D&O Insurance
Mar 31 2021 // With premiums rising and carriers narrowing their terms and conditions, technology companies’ satisfaction with their directors and officers (D&O) liability insurance has plummeted in 2021. Insurance broker Marsh...
RICO Suit against Colorado Cannabis Firms Highlights D&O Dearth
Mar 23 2021 // A scarcity of directors and officers coverage for cannabis companies may be take an even bigger spotlight following a Colorado lawsuit in which two large cannabis operators and several executives are accused of illegally...
New Beazley Offering Targets D&O Exposures of Special Purpose Acquisition Companies
Mar 11 2021 // Beazley has launched a directors’ and officers’ (D&O) product suite designed specifically for U.S.-domiciled special purpose acquisition companies (SPACs). Beazley’s new D&O products for SPACs...
S. Africa’s Steinhoff in Talks with D&O Insurers to Help Settle Accounting Crisis Claims
Mar 1 2021 // Steinhoff International Holdings NV is in talks with the providers of director liability insurance policies about help settling legal claims resulting from a 2017 accounting crisis that took the South African retailer to...
D&O-Focused MGA, Rising Edge, to Launch in 1st Half
Feb 26 2021 // Rising Edge, a London-based managing general agent (MGA), writing directors’ and officers’ (D&O) insurance, is set to launch in the first half of 2021. The new company will be led by Chief Executive Officer...
Insurers Overwhelmed by Demand for D&O Coverage for Blank Check Companies
Feb 10 2021 // The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability policies for special purpose acquisition companies have been flooded by the...
Directors & Officers Risk Landscape Shaped by Insolvencies, COVID, Activism
Jan 11 2021 // While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds and their insurers will be dealing with in the year ahead. Rising insolvency exposures, growing...
Applied Underwriters Continues Major Expansion with D&O Unit Headed by AIG’s McGill
Jan 4 2021 // Fast-growing specialty lines insurer Applied Underwriters announced the creation of a U.S. based division of its Applied Financial Lines business unit to provide directors and officers (D&O) coverages in the U.S. The...
2022 Risk Watchlist for Directors & Officers Is Full: Insolvencies, Litigation, ESG, Cyber…
Jan 3 2021 // Corporate board members and company executives have a lot to worry about these says and can be held liable for an increasing range of scenarios. Key risks for directors and officers to watch in 2022 include the increased...
Directors & Officers Risk Landscape Shaped by Insolvencies, COVID, Activism: Allianz
Dec 16 2020 // While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds and their insurers will be dealing with in the year ahead. Rising insolvency exposures, growing...
Insurers Looking Into Rise in Lawsuits Against Firms Over Lack of Diversity
Dec 1 2020 // U.S. insurers are taking a closer look at the recruiting and succession practices of corporate customers, worried about mounting lawsuits over a lack of diversity among top executives and directors, industry sources...
Professional Liability Underwriters Feeling Pressure From COVID: AM Best
Nov 13 2020 // The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM Best report. With its...
HIIG Adds Public Company D&O Coverage, Picks AIG’s Bujosa to Lead
Nov 12 2020 // Houston International Insurance Group, Ltd., has expanded its management liability coverage offerings to include an excess public D&O (Directors and Officers) product. As part of this expansion, the company hired...
P/C Insurers Face Workforce, Risk, Policy Challenges as Pandemic Continues
Nov 9 2020 // Given that business-as-usual is unlikely to return soon due to the coronavirus pandemic, U.S. property/casualty insurers will continue to face challenges related to virus-related insurance losses and premium volume...
Houston’s HIIG Expands D&O Coverage for Public Companies; Adds Top Talent
Nov 3 2020 // Houston International Insurance Group Ltd. (HIIG) is expanding its management liability coverage offerings to include an excess public D&O (directors and officers) product. As part of this expansion, Peter Bujosa has...
Robinson+Cole Expands New York Office with Eight Member Financial Lines Team
Nov 3 2020 // Robinson+Cole has expanded its New York office with the addition of two partners, John F. McCarrick and Erica J. Kerstein, as well as two counsel, Phyllis A. Ingram and Sedgwick M. Jeanite, and four associates, Meryl E....
Sompo International Adds D&O Coverage for Public Companies
Oct 20 2020 // Sompo International Holdings Ltd. has launched a new directors and officers liability insurance policy form for publicly-traded companies in the U.S. Sompo’s public D&O product is the latest addition to the...
BHSI Introduces D&O Liability, Professional Indemnity Policies in Dubai, Middle East
Oct 19 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has developed proprietary directors & officers (D&O) liability and professional indemnity (PI) policy wordings for customers in the UAE and throughout the...
