High Defense Costs and Increased Litigation Make D&O Market One to Watch

According to experts participating in Advisen’s Executive Risk Insights Conference in Chicago, the directors and officers insurance sector has been anything but business as usual in recent years.

Securities class action litigation offers one example of activity.

“In 2015, securities class actions lawsuits were at their highest level in six years,” said Kevin LaCroix, executive vice president for RT ProExec and conference chair. “But even more importantly, the number of class action lawsuits relative to the number of public companies was at its highest level in modern times.”

Read more at http://www.advisenltd.com/2016/05/23/high-defense-costs-and-increased-litigation-make-do-market-one-to-watch/

Josh Bradford, High defense costs and increased litigation make D&O market one to watch (May 23, 2016), available with subscription at Advisen Professional Front Page News.

Hot Topics in Public Company D&O

February 2016

Advisen wrote a white paper that examines merger objection litigation and shareholder derivative actions – two hot button topics that generated interesting activity in 2015 and have the potential to reshape the D&O claims landscape. The free, 8-page paper is sponsored by Allied World.

Reshaping the D&O claims landscape

In recent years, from a macro level, the D&O claims trends environment has been steady and relatively predictable. In fact, according to Advisen data, which examines all sources of securities-related suits that could impact underwriting and the placement of management liability insurance, the number of new securities and business litigation filings and enforcement actions remained flat in 2015.  Although still above pre-financial crisis levels, there has been an overall downward trend in securities suits filed since the peak of financial crisis-related litigation in 2011.

This content originally appeared in Advisen Ltd. To read the full story, you must download the Hot Topics in Public Company D&O White Paper