US D&O risks face capacity crunch as losses spook underwriters

Higher loss experience and increasing levels of litigation have
led to restricted capacity for US directors' and officers'
(D&O) risks.
Sources told this publication that London carriers were now
increasing retentions and putting down smaller lines after a number
of markets had their fingers burned. As a result, there has been a
small uptick in rates, they said.
US rates are up in the single digits on average, sources said,
with loss-hit risks renewing substantially higher.
"Anything with US