White Paper

A Perfect Storm? A Forecast for the D&O Market

Health care providers and their insurers are being tested by an unprecedented frequency of severe liability claims, but working together can strengthen any partnership.

White Paper Summary

In the 1700s, mapmakers often used the phrase “Here be Dragons” to warn sailors of dangerous conditions on uncharted corners of maps.

For brokers and risk managers navigating their way through the Directors & Officers liability market, the “dragons” are growing in size and number. As a result, it’s helpful to examine several factors behind the current turbulence, including an increase in the frequency and severity of Securities Class Actions (SCAs), record settlements in derivative claims, the continued emergence of event-driven litigation and increased claim costs.

To learn more about Berkshire Hathaway Specialty Insurance, please visit their website.

Berkshire Hathaway Specialty Insurance (www.bhspecialty.com) provides commercial property, casualty, healthcare professional liability, executive and professional lines, surety, travel, programs, accident and health, medical stop loss, and homeowners insurance. The actual and final terms of coverage for all product lines may vary. It underwrites on the paper of Berkshire Hathaway's National Indemnity group of insurance companies, which hold financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's.

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The R&I Editorial Team can be reached at [email protected]