Directors & Officers News

BHSI Launches Asset Management Liability Policy in Asia

Berkshire Hathaway Specialty Insurance Co. (BHSI) has introduced Professional First™ Asset Management Liability Insurance for mutual funds, alternative funds and asset managers in the Asian market. BHSI describes the coverage as a “comprehensive and clearly worded professional liability, directors & …

BHSI Launches D&O & PI Cover in Australia, Expands Team

Berkshire Hathaway Specialty Insurance Company (BHSI) has launched four new executive and professional lines policies in Australia and named Sami Jaghbir as senior underwriting manager, Executive & Professional Lines, in Brisbane, and Richard Johnson as senior underwriting manager, Executive & …

BHSI Launches D&O & Professional Indemnity Policies in Asia

Berkshire Hathaway Specialty Insurance Company (BHSI) introduced Executive First™ Directors & Officers (D&O) Liability and Professional First™ Professional Indemnity insurance policies in Asia. “With the launch of these two primary policies, we look forward to bringing BHSI’s exceptional local executive …

Oregon Court Won’t Exclude Oracle Executives from Suit

The Oregon Supreme Court has denied a request by Oracle Corp. to have five of its executives excluded from a lawsuit filed by the state over the failure of the Cover Oregon health insurance exchange. The court issued the ruling …

Texas Court Rules for Former Energy Executive in D&O Dispute

The Texas 14th Court of Appeals this week ruled in favor of former energy executive in a legal fight over whether the company’s director and officer insurer should have paid to defend or indemnify the executive as part of a …

UK’s PI Insurance Sector Expected to Grow by Almost 6% Annually: Report

The professional indemnity and directors & officers insurance sector has grown constantly since 2012 and is expected to continue the upward trend until at least 2019, according to the findings of a new report by London-based business intelligence company, Timetric. …

ACE Offers New D&O Products in Germany; Dünkeloh Named Financial Lines Mgr.

ACE Group has launched two new D&O insurance products and has appointed a new financial lines manager in Germany, as it continues to respond to the rapidly evolving management liability cover needs of companies in Europe’s biggest economy. ACE D&O …

Directors & Officers Could Be Liable for Cyber Attacks: Marsh

Directors and officers need to be certain of their responsibilities relating to the prevention or management of a cyber event, or else they run the risk of being held personally liable should an attack against their firm occur, according to …

Two-Thirds of UK SMEs Not Aware of D&O Insurance: Allianz Research

Two-thirds of small and medium business leaders in the United Kingdom are not aware of what directors & officers insurance is, according to new research by Allianz Insurance, one of the largest general insurers in the UK and part of …

Berkshire Hathaway Specialty Expands D&O Policies to Canada

Berkshire Hathaway Specialty Insurance has introduced the Canadian editions of the Executive First Directors & Officers Liability insurance policy and the Executive First Side A DIC Directors & Officers liability policy, designed to provide customizable coverage for the complex risks …