缅北轮奸

Broker Lockton early this week issued its outlook of the mostly buyer-friendly U.S. property/casualty market with eye on potential changes in directors and officers liability.

The latest edition of the noted public and private D&O insurance buyers continue to see a stable market, with rates for public companies dropping 9.5% during the fourth quarter 2024. However, many insurers look to have “reduction fatigue,” according to Lockton.

Lockton reported strong capacity for public D&O with a steadfast eagerness among insurers to compete, but there is “not as much premium pressure on incumbents in the current market” and insurers are more likely to evaluate terms and conditions on an individual risk basis.

The market remains “cautiously optimistic” that federal regulation and Securities and Exchange Commission (SEC) oversight under the current presidential administration will be more business-friendly. President Trump ordered a pause to enforcement of the Foreign Corrupt Practices Act (FCPA) and while this may reduce regulation, the move “could also heighten reputational and compliance risks for companies operating globally,” Lockton said.

Furthermore, changes to views on diversity, equity, and inclusion (DEI) may impact corporate governance and investment risk.

“Business leaders also face an increasingly complex environment of competing federal and state regulations, as states where Democrats are in power try to blunt the impact of the Trump administration, particularly around hot-button issues such as DEI and environmental, social, and governance (ESG) investing,” Lockton added.

The broker also noted an uptick in bankruptcies in 2024, as well as a rise in securities class-action lawsuits in 2024 compared to 2023.

Although some private and nonprofit D&O buyers can still secure rate reductions at renewal, Lockton warned buyers that insurers have indicated “rates have bottomed out.”

“Where they can, insurers are trying to hold the line on rate to start 2025,” Lockton said.

The market for employment practices liability insurance (EPLI) has similarly reached bottom, according to Lockton’s report of insurer trends.

Capacity is strong and stable, and no major carriers have left the line of business (one started to nonrenew standalone EPLI, the broker shared). However, there remains uncertainty regarding the Trump administration’s view of DEI, which “suggests that employers may face more regulatory investigations and enforcement activity.”

Topics Pricing Trends