Directors & Officers Liability News

ASAE, Aon Enhance D&O Liability Coverage for Associations

ASAE, The Center for Association Leadership, has enhanced its Directors’ and Officers’ (D&O) Insurance Program offered through Aon Affinity Nonprofits in partnership with Arch Insurance Co. The ASAE endorsed multi-coverage product includes broader, more competitively-priced D&O insurance coverage to meet …

Ex-CEO of Indiana Nursing Home Company Indicted for Fraud, Kickback Scheme

The former CEO of a company that operates dozens of Indiana nursing homes and three others face federal charges in a kickback scheme worth millions of dollars, according to an indictment released on Oct. 12. Grand jurors charged former American …

RLI Enhances Directors & Officers Liability Policy

RLI Insurance Co.’s RLI Executive Products Group has enhanced its Executive Plus Side A Difference in Conditions (DIC) Directors & Officers Liability policy. The Executive Plus policy protects the personal assets of directors and officers when the corporation cannot or …

Marsh Enhances D&O Difference in Conditions Coverage

Marsh has enhanced its Side A directors & officers (D&O) difference in conditions (DIC) cover Marsh Alpha in response to the new and emerging legal and regulatory risks facing directors and officers. The enhanced coverage now includes broad investigation cover, …

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 …

CapSpecialty Adds D&O, EPL Product to Insurance Company Coverage Offerings

CapSpecialty has launched a new insurance company directors & officers/employment practices liability (D&O/EPL) product issued by Capitol Specialty Insurance Corp. Insurance company D&O/EPL is a specialty product expressly designed for small and mid-sized insurance companies, offering wholesale brokers an additional …

Court Says Directors Liable for Poorly Managed Companies

A decision this week from U.S Court of Appeals in Philadelphia provides good reason for directors to resign from poorly managed companies to avoid personal liability, even if someone else is making the mistakes. The case indirectly stands for the …

Chief Executive Insurance Services Launches Personal Director’s Liability Coverage

Chief Executive Insurance Services has launched an enhanced personal director’s liability (PDL) policy. Coverage is available to members of Chief Executive Group and their spouses, as well as non-members through agents and brokers. This enhanced PDL policy, issued in the …

ACE Expands Global D&O Coverage Through Lloyd’s Syndicate

ACE Group has launched ACE 2488 Global D&O, an enhanced global directors & officers (D&O) liability insurance proposition for multinational organizations. Adding Lloyd’s coverage through ACE Syndicate 2488 to its existing suite of D&O products enables ACE to provide protection …

Allied World No. Am. Launches ‘ForceField’ Product Suite in Canada

Allied World Assurance Company Holdings, AG announced today the launch of its ForceField management liability product suite in the Canadian market. ForceField offers five coverage components including: Directors & Officers Liability, Employment Practices Liability, Fiduciary Liability, Crime Coverage, and Kidnap …