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The world of directors and officers liability has long been characterized by rapid change. But even given these well-established dynamics, 2013 was a particularly eventful year, with several different developments that could impact the D&O arena for years to come. The list of the Top Ten D&O Stories of 2013 is set out below with […]
Tougher SEC enforcement expected to increase liability exposures for company directors and officers.
Kevin LaCroix on “what to watch now in the world of D&O.”
More than 80% of corporate executives in study believe lawsuit is “unlikely.”
Looking at the role of D&O insurance in securities class actions.
Insurers quoting rates 5-10% higher for coverage that protects hedge funds against government investigations and investor lawsuits.
D&O insurance of at least $50 million reportedly now available.
Barclays Capital analyst Jay Gelb predicts that Chubb Corp. may face as much as $2 billion in D&O policy losses because of a surge in lawsuits brought on by the U.S. economic crisis, and he adds that “Chubb does not appear appropriately reserved in this line.” BestWire Services reports that Barclays believes industry D&O losses […]
A newly released survey from Advisen Ltd. finds that rising fears of shareholder litigation have led many members of the Association of Insurance and Risk Managers to purchase D&O policies with large liability coverage limits. Business Insurance reports that the Advisen survey of members of the London-based Association of Insurance and Risk Managers showed about […]