Tag

directors and officers

Community Associations, Market Insights, Risk Insight

Market Changes for Directors and Officers Coverage

When major conglomerate Pacific Gas and Electric filed bankruptcy (after fielding claims of negligence after the California wildfires this past fall), D&O coverage was caught in the spotlight. Claims against directors and officers are on the rise nationwide, and analysts are questioning how far the market for D&O coverage will harden.

Distinguished’s Kyle Hyla, program underwriter for community associations, recently spoke with Rough Notes about D&O market trends. There are a variety of ever-changing factors that can impact coverage, and in this compelling article, factors like climate change, cyber security, and limited coverage for selected exposures are examined using current examples that illustrate the complexities of this important market. Visit Rough Notes to explore and share this valuable information.

 

Kyle Hyla Program Manager

Kyle Hyla

D&O and Crime Program Manager

Continue reading