Evolving market conditions may lead to increases in D&O coverage rates

Securities action lawsuits, prevailing social issues like the #MeToo movement, and evolving cyber security risks are trends that have increased the demand for directors and officers (D&O) insurance coverage and overall costs to insurers. As a result, insurers are calling for higher coverage rates.

Many insurers believe risks are increasing without any signs of slowing, indicating 2019 may be the first of many years insureds will face unexpected D&O insurance rate hikes. For more perspective on the changing landscape of D&O insurance, read Rachel Soich’s article “Three rising trends in D&O insurance.”

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