In today's world, there is no longer a "vanilla" account for which only standard property-casualty coverages–commercial general liability, automobile, workers' compensation and property–will adequately address all of a business' exposures.
The greedy culture of the recent past involved unchecked conflicts of interest, complex transactions involving boutique products, and in some cases, outright fraud, all of which led to significant exposures for the directors and officers of all types of companies–public, private and non-profit. The widespread failure of financial institutions also has created an environment ripe for litigation.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
