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fiduciary liability insurance
7.827 documents for fiduciary liability insurance
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WASHINGTON, Oct. 12, 2011 /PRNewswire/ -- Ullico Inc. (Ullico), a privately held specialty insurance and investments holding company serving the union workplace, and longtime supporter of the International Foundation of Employee Benefit Plans (IFEBP) will return for the third time as a platinum sponsor for the 57th U.S. Annual Employee Benefits Conference. In addition to the sponsorship, two senior Ullico executives will share their expertise and insights with attendees at this year's conference. Daniel Aronowitz, president of Ullico Casualty Company, will host a session on the topic of Fiduciary Liability entitled, "What You Need to Know - Fiduciary Liability Insurance and Indemnification." Meanwhile, Sonia Axter, managing director of Infrastructure Investments for Ullico Investment Co...
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This article is based on the 2005 review and evaluation of the growing private-company management liability insurance market. The products for this market combine several lines of coverage for business-practices risks into a single policy. The private-company market is growing faster than the market for publicly owned companies is. It has more carriers and is seeing more innovation. Most management liability products include directors and officers, employment practices, third-party discrimination and fiduciary liability insurance. Following passage of the federal Terrorism Risk Insurance Act, all carriers reviewed in the report started offering terrorism coverage in their management liability policies. As carriers competed for business, though, they were forced to offer prior acts prote...
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... fiduciary duties and their attendant liability. Many predict that an unintended consequence of th... typically purchase fiduciary liability insurance to protect themselves. Because valuation firms tha...
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The subprime mortgage collapse and the resulting bank failures and market loss is clearly the most important risk event of 2008. Lawsuits have already begun against virtually anyone involved in the securitization of mortgages. Many of those lawsuits may be covered under standard insurance policies already purchased prior to the financial crisis that may cover costs of defending the lawsuits and costs of settlements or judgments in the lawsuits. Depending on the case, coverage may be found in directors and officers insurance, professional liability insurance, fiduciary liability insurance or financial institution bonds. Responsible policyholders should gather and review all insurance policies that could potentially provide coverage for lawsuits arising out of subprime mortgage losses. If...
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This article is based on the 2007 review of the growing market for private company management liability insurance. This product combines several lines of business coverage into a single policy. Most carriers include the following core liability coverages in their products: directors and officers liability insurance, employment practices liability insurance, third-party discrimination and harassment insurance and fiduciary liability insurance. While size is becoming less of a barrier to obtaining management liability insurance, the nature of a prospect's business still is. The private company management liability market is a big one, served by a combination of large participants such as AIG and Chubb, and a number of smaller carriers too numerous to mention. Some of these smaller carrier...
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...Fiduciary Duties. Directors and officers owe what are termed...Insurance and Indemnification. Liability insurance and indem...
