Corporate Buyers Can Still Be Choosy When Shopping In D&O Market
Though the current market demands that insurance buyers examine contracts with a microscope and convince underwriters of financial reporting authenticity, they may have more power than they think when purchasing directors and officers coverage, experts contend.
"What you're getting ought to be worth the money you're paying for it," said Carolyn Rosenberg, a partner who heads the coverage group for Sachnoff & Weaver, Ltd., a law firm in Chicago.
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