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Buyers of directors and officers liability are worried about regulatory claims, according to results of a recently released survey in which more than three-quarters of participants ranked such claims among their top three claims concerns.

According to the 32nd annual directors and officers liability survey published by Towers Watson, only 19 percent of 496 organizations surveyed ranked potential regulatory action against directors and officers as their No. 1 concern—far below the 41 percent that ranked direct shareholder suits as their top concern.

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