| Description: | The massive decline in the value of real estate, stocks and other investments will likely trigger investor suits against investment professionals, and will likely result in an uptick in professional liability insurance claims. In anticipation, we are seeing more disciplined risk selection, more restrictive terms and higher pricing from specialty lines underwriters for some professional liability classes such as investment advisors, private equity and hedge funds, trustees, accountants and consultants. A recent article, entitled Investment Performance and Liability Claims, by... |
