X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

More institutional investors are using securities class-action lawsuits to seek compensation and changes in corporate governance–a trend risk managers need to keep in mind when renewing policies.

Buoyed by changes in federal law in 1995, investors are leading more cases than ever before. This is driving up settlement values and the amount of motions, discovery and other tools used to pursue a case. The result is dramatic–institution-led cases now settle for multiples over those led by individual plaintiffs.

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

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

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

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.