- What You Need to Know About D&O Insurance: Top Ten List
The last several years have been difficult for companies purchasing D&O
insurance. Large year-to-year increases in premiums, few bidders, and hard-line
negotiating by insurance carriers has prevailed. Fortunately, all of this
may be changing for the better. It is not uncommon for companies that had
only one D&O insurer bid on an account last year to find themselves with
multiple carriers competing for their business this year. With multiple
bids, companies, directors, and officers find themselves in a difficult
predicament — how to evaluate the strengths and weaknesses of various quotes,
and how to use that knowledge to negotiate the best possible coverage.
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