AM Best is of the view that insurers providing directors and officers (D&O) insurance coverage for Robinhood, the free trading app facing class-action lawsuits for restricting stock purchases, could face steep defense and containment costs. Stock market volatility is a major driver of shareholder litigation, especially D&O claims. Disclosures provided by Robinhood will be under… Continue reading Stock Market Frenzy Will Add to Insurers’ Social Inflation Pressures: AM Best
Looking For Market Distribution? Download the Media Kit
