D&O writers bracing for high stakes litigation
D&O underwriters, as well as errors and omissions insurance providers who have financial institutions as clients, are now bracing for a new wave of claims driven by mega-bankruptcies and government-takeovers that have wiped out billions of private investments on Wall Street.
These events are going to produce shareholder suits and other high-stakes litigation . There's about 70 insurers who dabble in D&O insurance; of those, probably 20 or 30 are very active in theOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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