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Corporate Liability Insurance Market Struggles

Recent corporate scandals and the fall in stock values hit the corporate liability insurance market hard. Lawsuits against directors and officers of corporate boards have driven up the cost of so-called D&O liability insurance, prompting some companies to flee the industry. NPR's David Schaper reports.

Copyright 2003 NPR

David Schaper is a correspondent on NPR's National Desk, based in Chicago, primarily covering transportation and infrastructure, as well as breaking news in Chicago and the Midwest.