Wildfire-Related D&O Insurance Risk: Lessons and Litigation Trends
Wildfire-related directors and officers (D&O) lawsuits represent a growing category of event-driven shareholder litigation. These insurance claims arise from major environmental
Directors and Officers insurance (D&O insurance) provides coverage for a company and its management, protecting them from claims arising from their decisions and actions.
D&O insurance policies offer liability coverage for company managers to protect them from claims which may arise from decisions and actions taken as part of their duties. Today’s increasingly complex legal environment means businesses face a heightened prospect of liabilities and litigations, often driven by “adverse news events”. Companies usually purchase D&O insurance because lawsuits are expensive, and the costs associated with them are rising. Moreover, if companies do not have a good D&O insurance program in place it is unlikely that they will be able to attract top managerial talent, given the potential risks involved.
Wildfire-related directors and officers (D&O) lawsuits represent a growing category of event-driven shareholder litigation. These insurance claims arise from major environmental
The directors and officers (D&O) insurance market has experienced favorable results in recent years, but ongoing risks and market uncertainties could challenge sustainability
Underwriters in the Directors & Officers (D&O) insurance sector in 2024 continue to benefit from significant price hikes and refined market practices adopted between 2019 and 2021
The U.S. directors & officers (D&O) liability insurance segment continued to generate favorable loss ratios
Following are five D&O mega trends companies should watch for and guard against in 2022, according to AGCS financial lines and D&O experts
Global commercial insurance rates dropped 2% in 2024, marking the second straight quarterly decline after seven years of increases
The top five risk trends boards of management need to guard against in 2024, according to AGCS financial lines experts