Time Is Right For ClaimMadeSettlements In Securities Fraud ClassActions
Industry commentators share little doubtthat we are in an ever-hardening directors & officers insurancemarket, a phenomenon that began earlier this year with fairlyregular and sustained premium increases on renewals of expiringpolicies.
Concurrently, there has been an increase in the cost ofreinsurance and a shrinkage of reinsurance capacity, as well asrestrictions in the scope of coverage under the policies throughmore broadly-worded exclusions and introduction of significantcoinsurance and/or pre-determined allocation factors.
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