Many U.S. public, private and nonprofit companies increased their Directors and Officers (D&O) liability last year, a sign that corporate directors and officers are concerned about the growing risks around them relative to litigation.
The 2011 Directors and Officers (D&O) Liability Survey, conducted by Towers Watson, also found that more than two-thirds (69 percent) of respondents reportedly received an inquiry regarding the amount and scope of their D&O insurance coverage in 2011. This represents a sharp increase from 57 percent in the firm’s 2010 report.
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