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Enron Debacle Causes Some Companies to Increase Fiduciary Insurance
insure.com
Feb. 6, 2002
Excerpt: John Coonan, vice president and worldwide fiduciary liability product manager for the Chubb Corp., says that despite the fact that the vast majority of companies do a good job with employer-sponsored retirement plans, a number of companies are increasing the limits of their insurance.... While interest in and prices for both D&O and fiduciary liability insurance have already started to increase, Coonan says the jury is still out as to the ultimate consequences.
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