Run Time: 4:33
Claims Rising for Private Company, Non-Profit D&O Coverage
Private company and non-profit D&O coverage is often seen as very profitable for carriers -- some people have even described it as a pot of gold at the end of the rainbow. But Jeffrey Klenk, senior vice president for Travelers Bond & Financial Products, says that's just not true anymore. We spoke with him at the recent Professional Liability Underwriting Society meeting in New York, where he told us, times are changing.