Directors and officers liability (DO) rates are softening and buyers will experience some relief in 2023. In contrast, property and casualty (PC) rates are hardening. Why is this happening? What are the specifics? What can executives do to take full advantage of opportunities in DO while mitigating some higher PC prices as well as restrictive terms and conditions? Property and casualty Given the current challenges of the hardening energy insurance market, where insurers are limiting DO capacity and premiums are increasing, it is more important than ever for EP and midstream firms to get an early start and obtain as many viable options as possible for energy package, named windstorm and third-party liability insurance programs.
展开▼
