Directors and officers liability insurance experts do not foresee any major widespread uplift in D&O insurance prices emerging from Goldman Sachs' current woes or the increased lawsuit activity that has been provoked.
Directors and officers insurance experts found little to celebrate in a report declaring an end to securities lawsuits arising from the credit crisis, and Goldman Sach's recent troubles had them throwing more cold water on positive findings.
There's no clear answer as to whether fraud litigation brought against Goldman Sachs by the U.S. Securities and Exchange Commission will fuel a new wave of credit crisis lawsuits.