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Four former executives from AIG, AXA XL and Marsh have signed on for key roles at Rising Edge, a newly-launched London-based directors and officers (D&O) managing general agent. The company ...
Cyber attacks and data loss are the top two risks facing directors & officers, with pandemic-related changes in working practices heightening these concerns, according to a global survey from ...
Technology companies' satisfaction with D&O coverage has dropped sharply so far 2021, as pricing soared and insurers narrowed their terms and conditions, Marsh found in a new study. Approximately ...
With shares of Root Inc. trading at less than 50 percent of the late October 2020 IPO price of $27 per share, the InsurTech carrier has been named in a shareholders class action complaint, multiple ...
Buyers of directors and officers liability coverage are expected to face "difficult conditions" in the U.S. well into 2021, Marsh has concluded in a new report evaluating the sector. That means ...
The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM ...
For insurers handling U.S. directors and officers liability, Fitch Ratings has bad news and good news, both relating to the coronavirus pandemic. First, the bad: Underwriting losses will likely ...
Social inflation is the primary explanation offered for the need to increase general liability and excess casualty premiums in the last two years. With social inflation, injured parties are more ...
Premiums for directors' and officers' liability insurance surged in the second quarter, broker Marsh said on Monday, as insurance underwriters fear the coronavirus pandemic will lead to hefty ...
Rate-hike pressures were already robust for directors & officers liability insurance, but COVID-19 has kicked that into overdrive, according to a new Marsh report. "Although the current market ...
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