Thursday, July 12, 2007

The Future For Directors And Officers Liability

Publication Date: July 9, 2007
Advisen -- Management Liability
Source: Mondaq, Essex Court Chambers (United Kingdom)
By Ms. Jessica Mance

This article was first published in Issue 128 (June) of Sweet & Maxwell's Insurance and Reinsurance Law Briefing.


"The directors' and officers' ('D&O') liability insurance market has been disappointing for insurers since approximately 2004: rates have been stunted whilst coverage has expanded. Some insurers are even offering policies under which they promise to pay where third-party policy limits are exhausted or compromised..."