XL employees are no longer working to avoid a crisis, the Bermuda company's chief executive said, reporting a 2009 fourth-quarter net loss of $40.3 million an improvement over the $1.4 billion loss for the period in the prior year.

Carriers and brokers selling Side-A directors and officers liability insurance coverage by delivering warnings about the increasing severity of shareholder derivative lawsuits may be overstating the trend.

"Greenwashing" sounds like a reference to environmentally friendly laundry products.

Lloyd's underwrites E&O coverage for warranty, certification failure exposures.

Brokers say that while liability coverages addressing green-building risks have been slow to emerge, property insurers have responded much more readily to calls for new coverage solutions.

An exclusion for claims arising from representations and warranties could present real problems for architects involved in green-building design.

"Greenwashing" sounds like a reference to environmentally friendly laundry products, but when the term is applied to construction or property management operations, it can signal decidedly unfriendly consequences for participants in the building process.

Insurers that delayed their reinsurance purchases didn't get any notable late-December bargains from disciplined reinsurance underwriters, but soft pricing trends continued for Jan. 1 renewals.