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. …
Oracle Corp. can’t rely on an insurer to pay $20 million to help settle shareholder claims over the software maker’s acquisition of a company controlled by Oracle founder Larry Ellison, a judge concluded. Delaware Chancery Court Judge Travis Laster on …
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 …
U.S. Risk Pro, a division national MGA and surplus lines wholesaler U.S. Risk Insurance Group, Inc., and Western World Insurance Group have launched a new program for private company directors and officers liability. This national program will include employment practices …
Monitor Liability Managers has launched a new executive liability insurance suite of coverages for privately held companies called ExecSuite. With ExecSuite, businesses can choose the coverage that best suits their needs. Choices include: directors, officers and corporate liability; employment practices …
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 …
If you asked 100 insurance professionals on the agency side what one line of business “scares” them the most, it’s likely that directors and officers (D&O) liability would be at the top. The lack of standardization of policy forms contributes …
News Corp. on Monday said it recovered a $139 million in insurance proceeds in a settlement with shareholders over the board of directors’ actions related to the company’s phone hacking scandal and its acquisition of Shine studios. The company said …
Corpedia and Corporate Board Member, NYSE Euronext (NYX) companies, and Marsh have entered into a strategic alliance to provide directors and officers with enhanced governance, risk and compliance resources. The alliance combines Corpedia, Corporate Board Member and Marsh’s resources in …
The directors and officers liability market continued to see price increases in 2012, with more private/not-for-profit organizations reporting rate increases than public organizations but, according to a new industry survey. Overall, the D&O marketplace is in a state of transition …
