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Instant Insights / Specialty & Surplus Lines

The surplus lines market plays a critical role in the insurance ecosystem by providing coverage for hard-to-place and specialized risks. For WSIA’s 2019 Annual Marketplace September 22-25, read up on the unique lines and market trends impacting the specialty and E&S industry.

Analysis

Securities fraud claims driving up D&O insurance costs

The increased number of securities fraud lawsuits carry a financial impact beyond the mere cost of litigation.

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Plaintiffs filed 198 new federal securities class actions in the first half of 2019, says the Securities Class Action Filings—2019 Midyear Assessment. (Photo: Shutterstock) Plaintiffs filed 198 new federal securities class actions in the first half of 2019, says the Securities Class Action Filings—2019 Midyear Assessment. (Photo: Shutterstock)

General counsel today are looking at a more than 5% chance that their companies will be sued this year due to a drop in stock price, according to a new report.

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