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 …
Hudson Insurance Group and Crum & Forster, both owned by Fairfax Financial Holdings Ltd., announced a strategic realignment of their directors and officers (D&O) and management liability business. C&F will transfer the following lines to Hudson’s Financial Products unit: public, …
Jeffrey S. Grange has been appointed head of Management Liability and Professional Lines for QBE North America, which plans to launch a directors and officers (D&O) liability division. Grange has 25 years experience in management liability and professional areas. He …
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 …
Employment practices in California is a known and growing concern for insurers, agents and employers, and that concern has some carriers ramping up rates dramatically or quietly pulling back from the area, say those familiar with the region’s market. “Employment …
Stephen Markscheid holds one of the riskiest jobs in the world — or so say directors and officers liability insurers. The 59-year-old former banker, a Mandarin-speaking American, sits on the boards of five U.S.-listed Chinese companies, including Jinko Solar Holding …
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 …
Dual Specialty Underwriters, LLC has launched a newinternational directors’ & officers’ liability (D&O) program aimed at foreign companies listed on U.S. securities markets through American Depository Receipts (ADR’s). Dual has partnered with Everest Reinsurance Co.(Everest Re) to offer this new …
Arch Insurance Group, a member of Arch Capital Group Ltd., has launched Arch Essential D&O, a primary policy specifically designed to protect directors and officers from the increasing risk exposures associated with today’s business challenges. In today’s legal and regulatory …
Dozens of lawsuits against Facebook Inc., the NASDAQ exchange and various underwriters will be centralized before a federal judge in New York, who must sort through the legal aftermath of Facebook’s botched initial public offering. A panel of federal judges …
