Choppy waters: John Keogh, president and CEO of National Union Fire Insurance Company of Pittsburgh, Pa., the nation's leading writer of directors' and officers' liability insurance, calls the D&O market "unpredictable." He sat recently for an interview with Risk & Insurance. Our questions and his answers follow

Risk & Insurance, May, 2004 by Thomas J. Slattery

In that same vein, look at what's going on right now in the mutual fund world ... which had been a nice, still quiet place with not a lot of claims. Here we are a year later with regulators and plaintiff firms going after them. And that all started (and that's my point here) with one whistle-blower at a hedge fund who didn't like what she saw going on and went to the attorney general in New York. That affects an entire industry. How do you see that coming?

THOMAS J. SLATTERY is a senior contributing writer to Risk & Insurance. He can be reached at riskletters@lrp.com.

COPYRIGHT 2004 Axon Group
COPYRIGHT 2008 Gale, Cengage Learning

 

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