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D&O increases have driven up overall financial and professional liability insurance, which saw a third quarter increase of 28%. (Credit: Rawpixel.com/Shutterstock) D&O increases have driven up overall financial and professional liability insurance, which saw a third quarter increase of 28%. (Credit: Rawpixel.com/Shutterstock)

D&O insurance is on a sharp upward trajectory, with pricing gains of 60% in the U.S. during the third quarter, according to Marsh, which reported a vast majority of U.S. public company D&O clients are seeing an increase.

The surge in D&O insurance has driven up overall financial and professional liability insurance, which increased 28% during the quarter, Marsh reported. Employment practices liability and cyber coverage, up 10% and 11%, respectively, also impacted the financial and professional liability market.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected].  

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