Some directors and officers liability carriers aren't just anxiously waiting to see the ultimate insurance impact of the subprime market fallout but are already working to stave off any further potential exposure, experts report.
Ann M. Longmore, executive vice president and D&O product leader for Willis North America, said that on the D&O side, insurers have already produced questionnaires aimed at establishing a client's exposure to the subprime market.
John J. Bayeux, executive vice president, financial institutions industry leader for Willis, noted that any company with any type of subprime exposure is getting a great deal of scrutiny by carriers.
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