April 30 - In recent months, Standard & Poor's Ratings Services hasn't been too optimistic about prospects for the directors and officers (D&O) liability insurance industry (see "The Heat Is On D&O Insurers To Manage Volatile Market Risks," published April 11, 2011, on RatingsDirect). Even as rates in a few property and casualty insurance lines began to increase slightly or stabilize over the past year, many industry executives expressed concerns that D&O rate trends for publicly traded companies remained stubbornly negative overall. But President Obama's signing of the Jumpstart Our Business Startups (JOBS) Act on April 5, 2012, may finally give D&O practitioners some good news.
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