X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Tesla opted against renewing its D&O policy for the 2019-2020 year 'due to disproportionately high premiums.' (Photo: Andrew Harrer/Bloomberg) Tesla opted against renewing its D&O policy for the 2019-2020 year ‘due to disproportionately high premiums.’ (Photo: Andrew Harrer/Bloomberg)

(Bloomberg) — When Elon Musk said in April he was dropping the insurance policy that protects Tesla Inc.’s board from shareholder lawsuits, it got Skip McBride’s attention.

America's Claims Executive Virtual Leadership Forum & Expo 2021Event

ACE Virtual Leadership Forum & Expo is the annual conference for Senior Claims Executives in Insurance organizations.

Get More Information
 

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.