While underwriters have tried to hold the line on premiums, capacity is high and their resolve has shown some “cracks,” says Advisen’s executive vice president.
Frederick H. Eppinger, chief executive officer of The Hanover, says he certainly won’t apologize for good timing, but the recent bid to acquire Chaucer Holdings was not driven by the state of the Lloyd’s market.
Companies’ risks are increasing during the economic recovery, which means they must be vigilant in keeping down workers’ compensation claims and wage and hour lawsuits, according to an industry briefing.
The long-anticipated flood of FDIC lawsuits against directors and officers of failed banks has started, according to experts who explained the delay and the coverage issues during two recent seminars.
For directors and officers liability insurers facing a potential influx of claims arising from lawsuits that banking regulators are filing against their insureds, a key question is whether regulatory exclusions in their policies will hold up.
For directors and officers liability insurers facing a potential influx of claims arising from lawsuits that banking regulators are filing against their insureds, a key question is whether regulatory exclusions in their policies will hold up.
For directors and officers liability insurers facing a potential influx of claims arising from lawsuits that banking regulators are filing against their insureds, a key question is whether regulatory exclusions in their policies will hold up.
The long-anticipated flood of FDIC lawsuits against directors and officers of failed banks has started, according to experts who explained the delay and the coverage issues during two recent seminars.
Recent statistics show declines in securities lawsuits relating to the subprime mortgage crisis, but directors and officers liability insurers should brace for more such cases in 2011, a plaintiffs’ attorney warned late last month.