Ongoing inflation, refinancing and insolvency pressures, geopolitical issues, and electoral uncertainty are just some of the headwinds D&Os need to be prepared for in 2024, according to Allianz Commercial financial lines and D&O experts.
Tag: Directors & Officers
Paramount Global Directors Agree to $168 Million Investor Settlement Over Merger
Paramount Global directors agreed to a $167.5 million settlement of investors’ lawsuits over the controversial 2019 merger of CBS Corp. and Viacom Inc. that created the entertainment company.
COVID-19 Pandemic May Accelerate Much-Needed Changes in Struggling D&O Market: AM Best
AM Best expects the U.S. directors and officers (D&O) insurance segment to undergo radical changes based on current financial results and the unprecedented turbulence created by the COVID-19 pandemic. In its Best’s Market Segment Report, “Accelerating Trends, Unprecedented Turmoil Could Lead to Seismic Change for D&O Industry,” AM Best states that the level of uncertainty… Continue reading COVID-19 Pandemic May Accelerate Much-Needed Changes in Struggling D&O Market: AM Best