directors and officers liability News

Beazley, Hiscox Form D&O Consortium with Capacity up to $50 Million

Lloyd’s of London insurers Beazley and Hiscox have partnered to offer brokers and clients a D&O consortium through which the syndicates will provide materially higher limits and offer additional options to complex risks for U.S.-domiciled companies. Central to the proposal …

Berkshire Hathaway Specialty Insurance Introduces D&O Liability Policy

Berkshire Hathaway Specialty Insurance (BHSI) has launched Executive First, a directors & officers liability insurance policy designed to address the complex and volatile risks facing directors, officers and their companies. Executive First is targeted towards large commercial and financial organizations. …

Health Care D&O Rates Rise Over Obamacare Antitrust Concerns: Marsh

Health care organizations paid significantly more for their directors and officers liability insurance in the third quarter of 2013 amid growing concerns over antitrust issues arising from implementation of the Affordable Care Act (ACA), Marsh says in a new report …

Arch Insurance Group Launches New Side A D&O Policy

Arch Insurance Group, a member of Arch Capital Group Ltd., has launched a new specialized management liability product in the U.S. that features: Arch Essential Side A Side A lead difference in conditions (DIC) Follow form excess liability insurance policy …

ThinkRisk, Aspen Launch New Private, Non-Profit Management Liability Program

ThinkRisk Underwriting Agency, a division of RSG Underwriting Managers, LLC, and Aspen US Insurance have launched a new national management liability package program. The product is available on an admitted basis in most states and offers multiple coverage lines for …

ACE Bermuda Launches New CODA Premier D&O Policy

ACE Bermuda has launched a new CODA Premier directors and officers liability policy. The CODA Premier policy offers personal asset protection to directors and officers and is available through ACE’s commercial property and casualty insurance businesses in North America. Enhancements …

D&O Liability Insurance Rates Fell in Q2: Marsh

U.S. publicly-traded clients paid 4.9 percent more on average for their primary directors and officers liability (D&O) coverage in the second quarter, according to global broker Marsh. However, Marsh said, when normalizing for individual insurance program structure and risk profile …

Zurich Launches Side A D&O Coverage for Corporate Leaders in the U.S. and Abroad

Zurich has introduced a new Side A D&O policy that addresses the evolving litigation landscape and provides coverage for liability exposures in the global marketplace, including China, Brazil, Mexico, Japan and India. The new policy is now available for customers …

Allied World Asia-Pacific Launches ‘Side A’ D&O Coverage

Allied World Assurance Company Holdings, AG announced from its headquarters in Switzerland the launch of its Asia-Pacific platform, “the Executive ForceField product to provide a new level of protection for company Directors and Officers in the Asia-Pacific region.” Allied World …

AIG Expands D&O Side A Capacity to $100 Million

American International Group, Inc. (AIG) is has increased its global Side A directors and officers (D&O) liability insurance to $100 million. This new capacity from AIG can facilitate the resolution of severe and complex litigation. Companies can now meet their …