Healthcare organizations, already under financial pressure from the changing reimbursement system, now face a hardening D&O liability insurance marketplace. In this article, CRC offers insights on how retail agents can help their insureds navigate the difficult environment.

The marketplace for directors' and officers’ liability insurance is changing, but what those changes ultimately will mean is not yet clear. In a classic case of cause and effect, litigation and losses that have been pressuring D&O insurers for some time are prompting underwriters to raise rates, tighten terms and conditions, and cut capacity. D&O for public companies has changed dramatically, and financial pressures are now forcing changes to coverage for private and nonprofit organizations as well.