Directors' and officers' (“D&O”) liability insurance protects corporate directors and officers from third-party claims made against them in their capacities as directors and officers for certain breaches of their duties to their corporation and its shareholders.
Emerging Issues in D&O Liability Insurance
Due to recent statutes and case law increasing directors' and officers' duties and exposure to potential liability, demand for D&O insurance has increased rapidly in recent years. This increase in demand has led to a significant rise in coverage litigation to define and interpret the language of existing policies. This article discusses a few emerging issues that can arise under D&O policies, and how they can impact policyholders.
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