A directors and officers liability insurance policy includes three coverages: individual coverage (protects company leaders), corporate reimbursement (reimburses a company for legal fees it pays on ...
D&O insurance is required wherever individuals make decisions on behalf of an organization. Directors and officers insurance exists because leadership authority creates personal legal exposure. When ...
Strategic bankruptcy” can be a corporate strategy—but that’s not the norm. More typically, when faced with the sudden reality of bankruptcy, directors and officers have little time to plan for it.
Insurance commonly referred to in the insurance industry as "directors and officers" or "D&O" insurance is insurance that is payable to directors and officers of a corporation, or to the corporation ...
The rapid ascent of AI to the pinnacle of corporate ranks is fascinating, but don’t get caught gazing at the shiny new director; its guidance and decision-making pose a whole new and complex set of ...
November 14, 2024 - The Delaware Legislature has remained quite busy throughout 2024, making many noteworthy changes to the state's insurance laws pertaining to financial institutions, liability ...