D&O claims pressure contributes to calls for 2024 pricing discipline
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D&O claims pressure contributes to calls for 2024 pricing discipline

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The US D&O market is hoping for increased underwriting discipline and slowing rate declines or even stabilization in 2024, amidst growing back-book issues and an increase in class action lawsuits on greener years.

The factors that ended the last soft market in public D&O “are not only falling into place, but becoming visible”, Kevin LaCroix, executive vice president at RT ProExec, a division of RT Specialty, told this publication.

These

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