NU Online News Service, July 21, 4:06 p.m. EDT
Despite substantial losses directors and officers and errors and omissions insurers experienced from the financial crisis, ratings actions have been negligible, Moody's Rating Service said.
In a report, "D&O/E&O in the Cross-hairs of the Financial Crisis," Moody's said that lack of ratings action taken against insurers reflects "the overall solid financial profile of most insurers" as they experienced the recession.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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? Sign In
© 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.
