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Posted on Feb 2, 2012 (2 days ago)

PropertyCasualty360

As an Increasing Target for Claims, Nonprofits Seek More D&O Coverage
PropertyCasualty360
As awareness of their exposure on this front increases, more nonprofits have become interested in D&O Liability insurance, according to Sal Pollaro, managing director for Glen Allen, Va.-based Markel Corp. Scott Simmonds, a business-insurance ...

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Posted on Feb 1, 2012 (3 days ago)

Post Online

Directors' and officers': Under the spotlight
Post Online
Opportunities to develop specific lines of business since 2007 have been thin on the ground, however, one area now under the insurance industry microscope is directors' and officers' cover. The darkening economic environment has placed greater scrutiny ...


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Posted today (11 hours ago)

Zee News

Micron CEO Appleton dies in plane crash
Zee News
Micron's recent regulatory filings make no mention of a "key man" life insurance policy on Appleton, nor do they specifically mention directors' and officers' insurance that would cover him. A senior executive at a national insurance brokerage said it ...
Micron CEO dies in plane crash, industry stunnedHindustan Times

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Posted on Jan 25, 2012 (10 days ago)

Tougher U.S. Commercial Insurance Market Conditions Expected in 2012: Marsh
MarketWatch (press release)
Financial and professional rates, including for directors and officers (D&O) liability, are expected to firm modestly in 2012, although rate decreases are still achievable. "Entering 2012, the US insurance market has continued the trajectory developed ...

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Posted on Feb 1, 2012 (2 days ago)

Marsh: Asia Property Insurance Rates to Climb in 2012 for Disaster-Hit Areas
EIN News (press release)
2, 2012 /PRNewswire-Asia/ -- Commercial insurance rates in Asia are expected to climb in regions affected by natural disasters following record insurance losses in 2011, according to a comprehensive report published today by Marsh.

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Posted on Feb 1, 2012 (3 days ago)

PropertyCasualty360

Selling Broker Relationships to Upper Management
PropertyCasualty360
The Sarbanes-Oxley Act and other corporate governance initiatives require that directors and officers ensure that the organization gets full value from every business relationship. This includes the insurance brokerage arrangement.

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Posted yesterday.

California Lawyer 2012 Roundtable Series: Securities
JD Supra (press release)
Individuals will face situations where they forfeit their D&O insurance or their indemnification from their corporate employer if they admit to wrongdoing. This will put pressure on individual defendants to settle cases quickly.


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Posted on Jan 25, 2012 (10 days ago)

Webinars tackle executive liability, catastrophe, benefits challenges for mid ...
Business Insurance
Increasingly, private/nonprofit companies are looking for ways to shield their top executives from liability and are turning to the same directors and officers liability insurance coverage that large publicly held companies buy.


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Posted on Jan 25, 2012 (10 days ago)

A.M. Best Assigns Ratings to ArgoGlobal SE
MarketWatch (press release)
ArgoGlobal SE intends to write financial lines and professional indemnity insurance, with the initial focus being on the directors and officers (D&O) liability line of insurance. Given the substantial reinsurance in place with Argo Re, any upward or ...

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Posted on Jan 20, 2012 (15 days ago)

Singapore: DAC Beachcroft snags insurance expert from Stephenson Harwood
Legal Business Online
Dewhurst, an insurance specialist with more than 19 years of experience in advising insurers, reinsurers and intermediaries on claims, commercial agreements and regulatory and compliance issues, is an expert in high-value financial lines and D&O ...

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