D&O Market Under Pressure

There has been considerable discussion about a market turn (hardening) in the D&O (directors & officers) liability insurance market, but this is only happening in segments and for organizations that are exposed to significant losses from the economic crisis. Financial institutions are obvious examples of organizations that will attract underwriters scrutiny and likely see significant increases and tighter terms. We are seeing rates increases for financial institution D&O, both public and private, and some increases in public company D&O. However,...