Entrepreneur contributors stress the importance of Directors and Officers (D&O) insurance for business leaders, especially for SMBs and non-profits facing regulatory complexities and increased exposure to lawsuits. The 2024 election outcome will impact the D&O insurance market through changes in regulatory frameworks, litigation risks, and ESG considerations, with potential shifts in premiums and coverage availability based on Republican or Democratic policies. Businesses should prepare by reassessing risk management strategies and working closely with insurance brokers to ensure effective coverage post-election.
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