Directors Officers News
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Aon: Public D&O Pricing Drops for Fifth Straight Quarter; 96% Retain Carriers
Aug 2 2023 // Despite movement in limit and deductible levels, public directors & officers (D&O) pricing continues to drop for the fifth consecutive quarter. The pricing index from Aon Commercial Risk Solutions’ Financial...
Appeals Court Won’t Revisit Towers Watson $80M D&O Denial for Willis Merger Lawsuits
Jun 7 2023 // A federal appeals court has denied insurance broker Towers Watson a rehearing of a May ruling that found it may not be entitled to $80 million in insurance to cover settlements of shareholder lawsuits related to the merger...
Bankruptcy Judge Rules Directors of Failed SVB Can Tap D&O Insurance
May 25 2023 // A bankruptcy judge is allowing current and former officials with the parent company of Silicon Valley Bank to tap into the $210 million in insurance coverage available through directors and officers liability policies to...
People Moves: Kuhn Leaves AIG for Ascot to Lead Large Public D&O; Ryan Joins Sompo as CUO
May 22 2023 // John Kuhn is now senior vice president, management liability and head of large public at Ascot. Ascot said Kuhn will lead the development and execution of Ascot’s large public D&O strategy, with a focus on...
D&O Prices Plummeting: Record-Level Q1 Drop for Decade
May 22 2023 // The year-over-year decline in directors and officers (D&O) insurance prices for the first quarter of 2023 is greater than any prior drop over a comparable period in more than a decade, historical information presented...
Economic and Cyber Risks Lead Global D&O Concerns: Survey
May 22 2023 // At the top of increasing concerns for directors and officers around the globe are economic, geopolitical and cyber risks, according to the latest Directors and Officers Liability 2023 Survey released by Willis Towers...
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