D&O insurers brace for new US ESG rules
New regulations aim to provide investors with information about the ESG credentials of the companies they invest in – but the insurance industry fears so much transparency will also give fodder to a fast-growing industry of ESG-related litigation
The US Securities and Exchange Commission is set to publish new climate-related disclosure rules, which could drive a surge in claims against directors’ and officers’ insurance policies relating to greenwashing and other failings