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Claims Rising for Private Company, Non-Profit D&O Coverage

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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.

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