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With a 14 percent increase in captive registrations in 2021, recent legal activity reveals the importance of structuring and implementing captives correctly.
The law allows captive insurance to cover non-indemnifiable D&O losses and may lower the cost of commercial Side A insurance for some companies.
The average D&O lawsuit costs over $120,000, Coalition, Inc. reports.
Interest is growing in these programs as companies look to manage risk and hard market conditions persist.
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