Brokers See More Work, Less Cover On D&O
No matter what line of insurance an agentturns to the story is the same: the only thing certain about thefuture is that premiums are going up. The situation is no differentfor director and officers liability insurance.
Driving increases in D&O, say executives, are the combinedfactors of uncertainty over how much January reinsurance treatyrenewals will increase and the growing number of claims againstcorporations as the economy flounders. Corporations are findingthat merger investments are not turning out as well as they thoughtthey would or accounting changes are causing restatements ofearningsand either event can cause a complaint, one insuranceexecutive said.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 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.
