Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
Although the United Kingdom has voted to leave the European Union, it will take some time to understand the complete ramifications, especially for the property and casualty insurance industry.
Being rated on safety by riders as well as wishing to protect the income their vehicles bring in probably accounts for the better results, report from Aite Group says.
While lawsuits against directors and officers of nonprofits are brought less often than those against their for-profit counterparts, the cost of defending a D&O liability claim can be substantial.