More firms increase D&O liability coverage limits — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

More firms increase D&O liability coverage limits

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A new Towers Watson study says that 21% of employers increased their liability limits for their directors & officers liability coverage last year, compared with only 12% who did so in 2008.

“Companies are reacting to the fact that D&O liability exposures facing directors and officers are arguably at an all time high” due to potential for litigation and heightened concern over regulatory investigations, says Larry Racioppo, of Towers Watson’s executive liability group.

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