Alls Fair In Love, War, And D&O Markets
With news of sky-high rate hikes, attempted policy rescissions and coverage restrictions dominating headlines about directors and officers liability insurance, it's easy for risk managers to get the idea that carriers have the upper hand in the current D&O market.
But as buyers rightfully seek more protection for directors and officers in a world of heightened accounting scrutiny following the Enron collapse, the market remains competitive and coverage deals can be worked out, experts say.
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