Directors and officers (D&O) liability insurance loss ratios have not improved in the past two years, even amid sizable rate increases and the fact that the line faces both emerging and long-standing challenges, according to an AM Best report
The COVID-19 pandemic spurred a supply chain crisis as businesses were forced to halt operations to slow the spread of the virus and prioritize employee health and safety measures. In addition, consumer demand increased more than 15% compared to two…
Industry estimates are that 25% of assets under management are those of baby-boomer investors now reaching the age of 75. Not only are assets likely to be moved, but investors are more likely to begin showing signs of dementia or…