Many lines of insurance are still experiencing a soft market cycle. Management liability for private companies and not-for-profit entities are no exception. Cycles can change for a variety of reasons and in a variety of ways. The shift in an insurance cycle may run parallel to the overall business and economic cycles, a catastrophe or series of large perils, fluctuations in market capacity, underwriting appetite and loss results. Regarding the latter, there are some telling signs along the horizon.
Directors and officers liability (D&O) and employment practices liability (EPL) are usually bundled in the same policy form for private companies and non-profits. EPL commonly leads the way with claim frequency while the D&O may present severity concerns.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
