Executive Protection News 2007
Dec 28th - Directors & Officers Liability Insurance: How Well Are You Protected? (external)
Dec 26th - Private Client - In case of an emergency, 'ICE' can be a lifeline - Cell phone entry may help a hospital locate victim's loved one (external)
Dec 21st - NERA Releases Update on Trends in Shareholder Class Action Litigation (external)
Dec 20th - Siskinds Pursues ABCP Clients For Litigation (external)
Dec 17th - Manufacturers hit hard by litigation; survey reveals 91% faced new lawsuits last year (external)
Dec 13th - Private Client - The Rich Are Different In Their Insurability (external)
Dec 11th - Insurance Coverage For Subprime Lending and Securities Litigation (external)
Dec 6th - Private Client - Citizens (Fla.) Financial Status 'Ample' Though Some Investments Frozen - - Miami A $3.5 Trillion Storm Surge Risk By 2070 (external)
Dec 5th - TELUS Big Winner at CA’s Corporate Reporting Awards (cica.ca)
Dec 4th - Hit 'send' and wave bye-bye to privilege (G&M)
Nov 30th - Total recall - Recurring headlines about one product after another being taken off the shelves because of defects has consumers spooked...(ROB)
Nov 30th - Private Client - Hurricane Season Ends Quietly (external)
Nov 28th - Executives left to foot their own legal bills - Prosecutors are twisting corporate arms to pull insurance coverage from former executives facing charges (G&M)
Nov 27th - Not so jolly Santa - Modern Santas wade through worries about liability, weight and environment (external)
Nov 26th - Board Games 2007 - Business gets better at the business of disclosure (G&M)
Nov 23rd - 21st Century insurance risks will include climate warming...and maybe nanotechnology and virus pandemic (external)
Nov 22nd - Global Climate Change and D&O Insurance (external)
Nov 21st - New Securities Class Action Exposure In Quebec: Secondary Market Liability Amendments To Securities Act (Quebec) (Blakes.com)
Nov 20th - Insuring for Workplace Violence (external)
Nov 20th - Private Client - Your smartest cross-border-shopping buy? Travel medical insurance (G&M)
Nov 16th - Private Client - The Care and Maintenance of Oriental and Navajo Rugs (external)
Nov 16th - Watson Wyatt: Property/ Casualty [insurance] Market to Remain Soft in 2008 (external)
Nov 15th - Private Client - Wave of Home Invasions Puts the Wealthy on Alert - Lax Security Often Opens Door To Increasingly Brazen Crimes; The Buffetts' Uninvited Guest (wsj)
Nov 13th - San Francisco Bay's Oil Spill Prompts Investigations (bloomberg)
Nov 13th - Treading a Minefield: Avoiding Potential Traps in Public M&A Deals (mccarthys)
Nov 12th - Private Client - After Fires, Homeowners Feel an Insurance Pinch - According to the California Department of Insurance, 40 percent of homeowners do not have enough insurance coverage to cover the costs of rebuilding their homes. (nytimes)
Nov 8th - Report Reveals True Extent of Loss on D&O [insurance] From Sub-Prime - $2 billion this year (external)
Nov 8th - Demand for pollution insurance surges - Municipalities, developers, even zoos are buying it (external)
Nov 7th - Canada: Being A Public Company In 2007: Taking Stock Of Recent Developments (torys.com)
Nov 6th - Private Client - Don't Be Fooled By the Weather: Winter Driving Starts at 7 degrees Celsius! (cnw)
Nov 1st - Insurers tackle identity theft (G&M)
Oct 31st - Assess climate risk, firms urged (G&M)
Oct 30th - Private Client - Pay a premium, get a private firefighter (external)
Oct 30th - Rule changes will affect more than ledger books - With 2011 deadline on horizon, Canadian public companies have much to do to prepare for shifts in business practices (G&M)
Oct 26th - California wildfires may cost insurers $1.6 billion (external)
Oct 23rd - Private Client - As Fires Ravage Southern California, Insurers Set Up Camp, Attempt to Adjust Claims (ambest)
Oct 18th - Private Client - Gas Furnace Safety Tips from CSA International (cnw.ca)
Oct 17th - A D&O Dilemma - Although a few big lawsuits will not rattle the market for directors and officers insurance, the effects of the credit squeeze just might. (cfo.com)
Oct 17th - Economic Crime Is Pervasive at Companies Worldwide: PWC (external)
Oct 12th - Danier Leather did not mislead investors: Supreme Court (G&M)
Oct 12th - High Court to rule on Danier IPO today (G&M)
Oct 11th - D&O [insurance] claims frequency down in 2007 [in USA]: Role of SOX uncertain (external)
Oct 5th - Management of legal liabilities [Thailand] (external)
Oct 2nd - D&O, Business Insurance Prices — Except [US] Property — Continue to Drop (external)
Oct 1st - Private Client - Keep A Safe Holiday Kitchen (safetyinfo.ca)
Sept 30th - Higher benchmark for class actions [in USA] - Demanding more evidence of wrongdoing and scrutinizing expert witnesses may, some say, bar many consumers from access to courts (external)
Sept 28th - Private Client - House Adds Wind Coverage To Flood Insurance [in Florida] (external)
Sept 27th - Corporate Governance, Shareholder Suits and D&O Insurance in Europe (advisen.com)
Sept 20th - D&O policies may not cover investigative costs (external)
Sept 19th - Boards are wary of climate liability issues - D&O policies may be rewritten to exclude greenhouse gases (external)
Sept 17th - D & O insurance lessons from 'just for Feet'; A classic disaster situation: not enough insurance, bankruptcy, and inability to indemnify the directors. (external)
Sept 14th - Private Client - Chubb to Slash California Homeowners Rates by 18.4% (ambest.com) Cdns should call Marc @ Hunters re your Palm Springs / Malibu property
Sept 11th - Insurers face "billion dollars" in subprime claims (external)
Sept 07 - Obligated to reveal - A securities regulator’s ruling may affect how the courts see liability of directors and auditors in civil liability cases (camagazine)
Sept 4th - Private Client - As Premiums Rise, Homeowners Drop Wind Coverage (wsj.com)
Sept 1st - Private Client - Tee off at your own peril. You play golf, you take a risk, state's high court rules.(external)
Aug 28th - Public and private directors looking for liability cover (external)
Aug 22nd - Hurricane Dean insured losses may be $2 billion (external)
Aug 20th - US legal battles over mortgage crisis could cost London insurers (external)
Aug 17th - Market turmoil fuels old fears - Analysts see parallels to crisis of 1998, but not Black Monday (G&M)
Aug 16th - Clarkson Centre for Business Ethics & Board Effectiveness - 2006 Board Shareholder Confidence Index
Aug 16th - Private Client - Auto insurance reforms in Ontario, Alberta and Atlantic Canada deliver $6.8 billion in savings (external)
Aug 15th - Liability not always easy to pinpoint in imports (extneral)
Aug 15th - What to Do When an HR Employee Sues (external)
Aug 2007 - D&O Heats Up - Climate Change - a rapidly emerging insurance risk - has reached the world's boardrooms (ambest)
Aug 9th - OSC And Court Decisions Clarify Joint Actor Rule (torys.com)
Aug 6th - Use of insurance for M&A deals growing (external)
Aug 6th - Litigation gets personal - more executives sued personally for workplace actions (external)
Aug 6th - The Conference Board Issues Corporate Governance Handbook 2007 To Provide Practical Guidance To Directors (external)
Aug 2nd - Private Client - Fine art owners have an oddly casual attitude towards risk (external)
Aug 1st - OBCA amendments in Bill 152: What you need to know [highlight directors and officers, shareholders’ rights] (stikeman.com)
July 30th - Climate-Change Exposures Mount in Directors & Officers Line (ambest$)
July 27th - So, You've Been Sued [condo/co-op dispute] (external)
July 24th - Global Warming: Now an Insurance Industry Concern - Swiss Re is making clients aware that directors and senior managers may, in the future, be held responsible if their companies fail to manage their carbon liabilities effectively or to comply with emissions regulations (external)
July 20th - Private Client - State Farm Plans Major Pullback From Florida's Coastline (ambest $)
July 18th - "North American Windpower" highlights our power choice (external)
July 16th - Private Client - Rich often neglect personal-lines insurance, experts say (external)
July 16th - RIMS Benchmark Survey(TM) Reports Commercial Insurance Premiums Continue to Decline During Second Quarter
(external)
July 15th - See You In Court - Emotions run hot when a charity gets sued (external)
July 11th - Private Client - Fire blazes through million-dollar home - Talk to us about how construction or vacancy could affect this claim (external)
July 7th - Boost for directors, officers insurance [in Malaysia] (external)![]()
July 5th - Private Client - "Your Personal Risk Manager" Summer 2007
July 2nd - Gaps revealed in mandatory disclosure - Provincial regulators say 23 per cent of TSX Venture Exchange companies violate new standards policy (G&M)
July 1st - Dedicated Limit D&O Insurance: An Abbreviated Guide To The Policies That Protect The Personal Assets Of Directors And Officers (external)
June 26th - Private Client - A grim reminder to plan ahead -Second home insurance -Tahoe example (external)
Summer 2007 - Lawyers on boards - A discussion of the risk and benefits of lawyers sitting on boards of directors. (external)
June 20th - Just add shareholders; Shell-company program gives emerging enterprises a quick - and less risky - way to go public and secure seed money (G&M) Talk to us about CPC D&O Risk and Insurance
June 17th - Private Client - File a claim? It's a tough decision (thestar.com)
June 13th - A new haven for class acts - As the U.S. is gearing down its class-action frenzy, expect Canada to pick up the slack (G&M)
June 12th - Risk and Insurance Management Society Issues Position Statement on Broker Compensation (external)
June 11th -
ICD Blue Ribbon Commission on the Governance
of Executive Compensation in Canada (icd.ca)
June 11th - The Stock Options Backdating Scandal: D&O [insurance] Implications (external)
June 6th - Brocade Fine May Set New Model For Backdating Punishment (external)
June 2nd - Private Client - An Idea Whose Time Has Come? The model for art ownership protection: Real-estate title insurance (wsj.com)
June 1st - Your global D&O coverage may not be as global as you thought (external)
June 1st - Private Client - Hurricane Season Begins; Forecasters Stand By Predictions (external) ![]()
May 2007 - Have you been appointed to an investment fund's Independent Review Committee?
May 31st - Class actions - Let's go Dutch recent ruling in the Dutch courts could have a major impact on European law (external $$)
May 28th - Global insurer targets Czech market niches - One of the niche-specific products will be directors and officers (D&O) liability insurance (external) ![]()
May 28th - Profitable D&O market draws new entrants (external)
May 24th - The Heat is On: Insurers v. Global Warming(external)
May 24th - FEI's Top 10 Financial Reporting Issues for 2007 (deloitte.com)
May 23rd - Legal Q&A: Directors’ & Officers’ policy
May 21st - Opt-Out Settlements Catch Attention of D&O Insurers (ambest $$)
May 21st - D&O rates soften despite Tyco loss (external)
May 2007 - D&O Litigation Trends in 2007 ![]()
May 16th - D&O Policy Polution Exclusion Tested in Securities Lawsuit (external)
May 16th - Fatigue Impairment Awareness Day - Drowsy drivers put themselves and others at risk (external)
May 15th - Private Client - Jittery couples saying 'I do' to wedding insurance (G&M)
May 6-12th - Canada's Emergency Preparedness Week - download your guide
May 3rd - Towers Perrin D&O Report: Spike in Demand for Personal Cover, Higher Limits, Enhancements (external)
Apr 2007 - Protecting Land Transactions and Corporate Directors; More than just providing peace of mind in commercial land transactions, commercial title insurance can also help reduce corporate directors' liability exposures (external)
Apr 30th - D&O, Workers' Comp Lead Downhill Pricing Parade, According to RIMS (external)
Apr 28th - Private Client - Why buy Personal Umbrella Liability Insurance?
Apr 25th - Chubb Survey Finds C-Suite Executives and Risk Managers Disagree on Top Threats To Multinational Business; Few Companies Studying the Impact of Global Warming (external)
Apr 25th - Smart Questions: How to Vet a Board Member (external)
Apr 19th - Private Client - Your Personal Risk Manager Spring 2007
Apr 18th - NonProfits - Governance Risk - a HUNTERS Risk Intelligence Workshop - Click here for on-line registration
Apr 18th - Private Client - An Insurance Policy You Probably Don't Have; home and business owners hit by the massive weekend storm in the Northeast are discovering yet another type of coverage they didn't know they needed -- sewer-backup insurance (wsj.com $$)
Apr 16th - SEC Explores Opening Door To Arbitration (wsj.com $$)
Apr 16th - Private Client - What Female Travelers Need to Know (external)
Apr 13th - Potential Board Member D&O Inquiries Hit All-Time High, According to Towers Perrin Survey (external)
Apr 12th - [D&O] Climate Change Exclusion (external)
Apr 11th - OSC sets sights on 'gotcha' complaints; Regulator is promising better communication when it comes to enforcement, compliance issues (G&M)
Apr 6th - Private Client - Citizens [insurance] stands strong as storm season looms (external)
Apr 5th - D&O Insurance: The Stand-Alone "Side A" Dilemma What Is It (And Do We Need It)?
Apr 5th - AIG, Chubb Cut Board [insurance] Rates as Enron Scandal Fades (bloomberg)
Apr 4th - Private Client - What's your home's [Florida] hurricane rating? (external)
Apr 3rd - Inside Job - Canada's No. 1 compensation consultant is attacking the system he once exploited NB: note his comments on serps and stealth comp (canada.com)
Mar 07 - Private Client - Hazard Perceptions and Urban Flooding; Public education can help snap flooding victims out of fatalistic attitudes(external)
Mar 30th - Protecting Your Company From Consumer Protection Claims (external)
Mar 29th - Finland’s New Companies Act – Any Changes in Management Liabilities?
(external)
Mar 26th - [US] Supreme Court Hears Arguments on U.S. Shareholder-Suit Limits (external)
Mar 26th - Supreme Court to rule on accounting suits against outside vendors (external)
Mar 26th - Private Client - Fla.-Based Vanguard Fire & Casualty Ordered into Liquidation (external)
Mar 23rd - Judge Rules Claims Made Policy Language Ambiguous (external)
Mar 07 - Canada warms up to public - private partnerships - Talk to Brooke Hunter about D&O Insurance as part of your planning process
Mar 21st - Deal dilemma: When to let the public know (G&M)
Mar 19th - Executive pay disclosure rules reveal more mud - New SEC standard exposes complexity (G&M)
Mar 18th - Private Client - 24% rate drop just a dream; insurance nightmare is back - How quickly the hope of homeowner relief faded(external florida)
Mar 12th - Private Client - The Artful Investor ; New research calls art a smart investment, but skeptics point to high costs and high risk (external)
Mar 12th - A Director's Loss by Any Other Name - Is it disgorgement? Or just a typical settlement? (external)
Mar 9th - 'Gotcha' again - Terence Corcoran discusses the OSC's habit of using enforcement to go after behaviour that had not been previously identified as contrary to any law or policy, specifically in the cases of Atlas Cold Storage and AiT Advanced Information Technologies. (canada.com)
Mar 6th - Institutional Shareholder Services Ranks Top 50 Plaintiffs’ Law Firms for 2006 - Securities Class Action Services Puts Settlements at Over $18 Billion (external)
Mar 6th - "2007 Economic Trends That Every Entrepreneur Should Know" - presented by Women Entrepreneurs of Canada at the Ontario Club - featuring Hon. Harinder Takhar MPP Minister of Small Business & Entprepreneurship, Derek Holt, Assistant Chief Economist, RBC Financial Group and Lorie King Partner, Deloitte Private Company Practice - moderated by Brooke Hunter
Mar 2nd - Private Client - Insurers Poised to Lower Rates - Home insurance rates could fall an average 24.3 percent statewide as private insurers pass on savings they will reap once they buy lower-cost backup insurance from the state of Florida. (external)
Mar 2nd - Romania's Compulsory D&O [insurance] Law (external)
Mar 1st - Private Client - Picassos worth £34m are stolen from granddaughter's Paris flat (external)
Feb 28th - Directors' and officers' insurance - The fear factor
Feb 2007 - Risk, Governance and Compliance Trends for 2007 (external)
Feb 28th - Ex-HP director laments corporate board trend - Perkins sees less business expertise (external)
Feb 23rd - Business Insurance - make sure you're covered - Most SMEs are failing to insure themselves against potential legal action from employees, despite a predicted rise in the number of such actions (external)
Feb 22nd -Private Client - HUNTERS publication - Kidnap Risk & Insurance
Feb 20th - New rules will confuse investors "accounting for the massive pension deficits" (canada.com)
Feb 20th - Reviewing Your Basic Insurance Needs (www.entrepreneur.com)
Feb 20th - Critics fear SEC chief is seeking to limit investors' ability to sue(external)
Feb 18th - Stop suspicious trades, investors urge (G&M)
Feb 16th - Flaherty targets trust accounting standards - Finance Minister says bookkeeping in sector has drawn substantial criticism (G&M)
Feb 16th - Option Lies May Be Costly for Directors - New rules in Delaware hold members of a company’s board personally liable for options shenanigans (nytimes.com $$)
Feb 14th - Private Client - Toronto house demolished in explosion (external)
Feb 13th - S.E.C. Seeks to Curtail Investor Suits - Goal is to limit fraudulant lawsuits filed by professional plaintiffs. (NYtimes)
Feb 12th - Watch out for frisky staff on Valentine's, bosses warned (external) ![]()
Feb 12th - Restatements Still Bedevil Firms (wsj.com $$)
Feb 12th - ‘Stealth restatements’ warrant underwriter scrutiny (external)
Feb 11th - Gretchen Morgenson: Memo to Shareholders: Shut Up (nytimes) !!
Feb 9th - Mind the political pitfalls, Pettigrew says - Directors with foreign seasoning key to weighing global growth (external)
Feb 7th - Private Client - This Insurance Case Could Shake Up the Art Market (wsj.com $$)
Feb 7th - Controlled master program includes best of both worlds - "Directors and officers insurance coverage is gaining popularity overseas as more countries begin zeroing in on corporate governance and fraud" (external)
Feb 7th - 2007 Public Bank Audit Committee Study - Vast majority now conducting yearly board review of D&O Policy in the wake of Sarbanes-Oxley (external)
Feb 5th - RIMS survey finds drop in D&O premium rates (external)
Feb 4th - Private Client - Superbowl Sunday & Umbrella Insurance(external)
Feb 2nd - Private Client - 14 killed as severe thunderstorms, at least 1 tornado rip central Florida (canada.com)
Feb 2nd - D&O insurance rates steady, despite scandals (external)
Feb 1st - Preserving 2007 IPO gains: Protection for new issuers - Hot IPO market elevates importance of an effective D&O Liability program (external)![]()
Feb 1st - Private Client - State Farm drops coastal policies - S. Carolina's largest insurer of homes, said Wed. it will drop almost 1,000 policies for homes on the oceanfront. Talk to HUNTERS if you have property in SC
Jan 2007 - Proposed Insolvency Law Amendments – Take Two; NB Protection of insolvency professionals (blakes.com)
Jan 31st - Biggest U.S. Companies Fail to Disclose Climate Change Risks to Investors, Study Says (external)
Jan 31st - Recent Developments in Shareholder Derivative Suits - Backdating investigations lead to large increase in suits and monetary settlements (external)
Jan 30th - Private Client - Insurers criticize new Florida hurricane bill (external)
Jan 30th - Corporate Governance Changes and Excess Capital Drive D&O Liability Insurance Prices Down in 2006 - Average D&O Premiums Decline Nearly 30% Since Q4 2003
(external) ![]()
Jan 30th - Private Client -
Fatal fire fuels call for code overhaul - Toronto firefighters pushing government to make residential sprinklers mandatory (external)
Jan 30th - 2007's Top 10 Governance Trends for Non Profit Health Care Trustees (external)
Jan 29th - Canadian tax change sparks D&O concerns - Article's title is deceiving! (external)
Jan 24th - Management Liability in Japan - Changes in business culture have led to modernization of corporate governance. (external)
Jan 23rd - Five [Canadian] firms get nod for sound practices; Group lauded for environmental record, corporate governance (G&M)
Jan 23rd- Private Client- Tips for preventing frozen pipes from AIG Private Client (external)
Jan 21st - Private Client - Lawmakers finalize[Florida] insurance plan, say cuts range 5 to 40 percent (external) ![]()
Jan 2007 - Forward-Looking Information: New Rules Published for Public Comment (Torys.com)
Jan 19th - Vanguard Casualty [insurance] forced into receivership - talk to HUNTERS about your insurer's security - NB: Florida will continue to be problematic for even the most solid of balance sheets
Jan 18th - Private Client - TJX, Parent of Winners and HomeSense, Says Customer Financial Data Was Stolen (external) and then! - CIBC loses info on 470,000 Canadians (G&M) Refer to HUNTERS Personal Identity Theft Resources
Jan 16th - Caveat developer: What lies beneath? - Banks now request environmental due diligence on building sites before agreeing to get behind projects (G&M)
Jan 15th - Cost of D&O insurance continues to creep upwards [Headline refers to same Spencer Stuart survey relied upon below!] (Cdn Underwriter Magazine) Looking for clarity in a world subject to massive interpretation? Contact HUNTERS.
Jan 15th - Cost of corporate [D&O] liability insurance declines in 2006 (G&M)
Winter 2007 - Private Client Newsletter - "Your Personal Risk Manager"
Jan 15th - More women take seats in the boardroom - But still comprise only 13.5 per cent of directors at the 100 largest companies (G&M)
Jan 12th - Private Client - Casino Mogul Wynn Sues Insurance Company After He Pokes $54M Hole in Picasso Painting (external)
Jan 10th - Private Client - To catch a thief - How to stop pilferage from checked baggage (G&M)
Jan 3rd - Securities fraud lawsuits drop - U.S. class actions plunge 38 per cent in 2006 despite stock options cases (G&M)
Jan 07 - The Changing Landscape of D&O Liability (risk mg't magazine)
Jan 2nd - Private Client - Taking on water : The federal flood-insurance program may be going broke after incurring $20 billion in debt from storms such as Hurricane Katrina. (external)
Jan 07 - How the Directors Brought a Dot-Com Back From the Brink (external)


