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D&O insurance premiums rise 100%

Posted On: Aug. 11, 2020 8:09 AM CST


A survey by U.S.-based Marsh LLC found that rates for directors and officers liability insurance surged rose more than 100% in the United Kingdom in the second quarter of the year as insurers fear that the coronavirus pandemic will lead to hefty litigation claims, Reuters reported. The survey also found that global commercial insurance rates increased 19% during the quarter.

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