NU Online News Service, July 21, 4:06 p.m. EDT
Despite substantial losses directors and officers and errors and omissions insurers experienced from the financial crisis, ratings actions have been negligible, Moody's Rating Service said.
In a report, "D&O/E&O in the Cross-hairs of the Financial Crisis," Moody's said that lack of ratings action taken against insurers reflects "the overall solid financial profile of most insurers" as they experienced the recession.
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