The pain in the directors and offic...

The pain in the directors and officers insurance market is risk to continue for some time, as insurers solicit to regain control of pricing, coverage and losse in the wake of corporate-governance and accounting scandals that expos a decade of mistakes in writing the business, specialists in the field said.

Writers of D&O are juggling multiple tasks--managing the claims already in progress; anticipating the claims still to come; responding to the fresh Sarbanes-Oxley Act; restoring prices to flushs that cover the risk, and rolling back the expansion of coverage that left insurers with disastrous plains of exposure. ...