-
Excess coverages for public and private companies will include D&O liability, D&O side A/DIC, employment practices liability and fiduciary liability.
-
The broker has reported successive slowdowns since rate increases hit a high in Q1 o 2020.
-
ESG is emerging as a key threat to D&O insurers as pressure grows on companies to provide disclosures.
-
RT ProExec report finds increasing legal and regulatory action on SPACs and cybersecurity among top concerns for D&O market.
-
Sources indicated that Tesla could be self-insured for its employment practices liability exposure.
-
With litigation easing and more competition in the market, Woodruff Sawyer predicts slower rate increases for D&O coverage.
-
As federal courts and the SEC take a more critical view of the vehicles, D&O underwriters are approaching coverage with caution.
-
The ratings agency warned that underlying loss activity remained high and new threats are emerging.
-
The Houston-based specialty carrier named Jim Mormile it’s new professional liability chief, added five QBE NA underwriting executives, and a pair from Markel.
-
Adjusted for large renewals and IPOs, the pricing index rose 7.7% in the second quarter.
-
The broker said CUOs insisting underwriters renew with price increases risked losing quality business.
-
The business will be headed up by Tim Usher-Jones, a former Chubb D&O executive in the Canadian market.