Buyers Wary Of D&O Policy RestrictionsThere are several policy restrictions creeping into the directors and officers insurance marketplace for buyers of insurance to be aware of–but the most widespread changes are also the least worrisome, policy experts say.

The most common change is the elimination of the waiver of retention, they say. The waiver, introduced in the soft market, essentially reimbursed an insured’s deductible when the insured successfully spent money to defend a case, or the case was ultimately dismissed.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.