Any U.S. corporate executives who think they can use the Jobs Act’s relaxed rules for public listing to cut corners on accounting and disclosure may want to think again. The Act, signed into law by President Barack Obama last Thursday, …
The Hanover Insurance Group Inc. is launching a second region in the Western U.S. A newly created Pacific Region will be led by David Kuhn, who has joined The Hanover as regional president. This new territory includes branch offices in …
Professional Program Insurance Brokerage (PPIB) has launched a nationwide program with coverage for employment practices liability, directors and officers and fiduciary risks. The product, backed by a carrier rated “A” by A.M. Best, is designed for public, private and nonprofit …
Beazley Group plc has introduced Beazley Bridge, a product that will allow U.S. multinational companies to cover executives outside the country through a single contract. The single policy will protect directors and officers in all territories where Lloyd’s is licensed, …
Insential and American Safety Insurance have joined to offer a comprehensive management liability program for the hospitality industry. The product offers employment practices, directors and officers and fiduciary liability coverage as either a package policy or standalone. It is available …
Willis North America is rebranding its Executive Risks Practice as FINEX North America, which mirrors the name of its global management liability unit, FINEX Global. New York-based FINEX North America specializes in directors and officers, networks, fiduciary, employment practices and …
Torus now has U.S. professional and management liability primary underwriting capabilities. Led by Jeffrey Grange, senior vice president, head of professional lines, the offering includes products across three segments: professional liability, private company management liability and financial institutions. The suite …
Argo Insurance, a member of Argo Group International Holdings Ltd. has introduced Private Playbook, a management liability package policy offering private companies access to various professional lines coverages, including directors and officers liability, employment practices liability, fiduciary liability and miscellaneous …
Janus Capital Group Inc. and a subsidiary cannot be held liable in a lawsuit by shareholders over allegedly false statements in prospectuses for several Janus mutual funds, the U.S. Supreme Court ruled Monday. By a 5-4 vote in a narrow …
Commercial insurance prices were relatively flat for the ninth consecutive quarter, and new data confirm the deterioration of loss ratios in accident-year 2010. Price reductions continued for commercial property and management liability lines, according to global professional services company Towers …
