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Insurance professionals working in the directors and officers (D&O) market report that its current hardening is unlike anything they've seen in decades.

For years, they say, D&O was considered a relatively inexpensive coverage with breezy underwriting requirements. But now, premiums are up, and coverage limits are tightening.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].