Hard Market ? Not Yet

There has been much talk about the coming (imminent) hard market, led by public financial institution directors & officers (D&O) liability insurance (see prior post). It is nowhere in sight. Except for a few select segments, competition continues, rates are flat or down, and insurer marketing reps continue to press for more business. Willis recently published a report confirming this, and suggesting that a hard market was not just around the corner. The report, Marketplace Realities & Risk Management Solutions:...