Insurance costs rocket up for U.S. IPOs

Published June 17, 2019 278 Views

Rumble / Trending NewsIn the United States companies going public face insurance costs that have increased as much as 200% in the last three years to cover their executives against lawsuits alleging they misled investors. Reuters reports that with the rise in securities class-action cases involving initial public offerings is spurring IPO insurers to double and triple prices for directors and officers coverage. The tightening insurance market follows a 2018 U.S.