D&O pricing falls 5.9% despite soaring court activity

The price of directors' and officers' (D&O) coverage
fell for the 17th quarter in a row in Q3 despite the threat posed
by near-record levels of legal activity, which could increase
claims.
Aon's quarterly D&O report showed that the cost of $1mn
of limit fell by an average of 5.9 percent in the third quarter
compared to the same period last year.
But the reduction indicated a slowdown since the first half, as
rates fell by 8.7 percent in the...