Despite studies showing companies that fail to protect themselves can incur significant fines, many still do not have employment practices liability cover in place

Companies are seeing increased directors’ and officers’ exposures, reinforcing expectations insurers will face a rise in claims activity this year

Recession-related claims are likely to hit liability coverage for financial institutions and industry professionals, but differing recessionary conditions in today’s market suggest lessons learned from previous downturns will have limited application in predicting outcomes