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A Look at Some Common D&O Risks & Claims
Real World Scenarios Here are a few real world scenarios that resulted in the filing of D&O lawsuits: Breach of fiduciary duty. Creditors of a company that was having some financial trouble and in need of capital, sued its directors and officers for failure to identify, evaluate, negotiate, and secure the sale of company assets in…
Read MoreTypes and Costs of D&O Coverage
D&O insurance policies offer liability insurance coverage for the Directors and Officers of non-profit, for-profit, and privately held businesses. Directors and Officers insurance helps protect them from defense costs and damages which may arise from managerial decisions that may have adverse financial consequences. All organizations are vulnerable to D&O insurance exposures. Read more about the who,…
Read MoreDirectors and Officers Insurance
While business insurance policies by definition provide coverage for the business itself, individual company officers may still be personally exposed to financial losses resulting from a lawsuit. To protect your company’s leadership, you may want to consider purchasing directors and officers (D&O) liability insurance. What D&O covers Directors and officers is a type of liability…
Read MoreIN: Why Get Directors and Officers Insurance?
Dear Valued Customer, A wide range of claims against a business have the potential to target company leadership for responsibility—and liability. In this issue of the “———————-“ we’re including information and tips that can ensure you are protected in many ways. Directors and Officers Insurance (D&O), is about protecting your business from liability issues. While…
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