Don't Get Caught Out Without Enough D&O Coverage

Topics:
Insurance
Tags:
Business Operations,
Corporate Insurance,
D&O,
Treasury & Risk Management
Source:
Treasury & Risk Management

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Overview: This paper explores the midsize companies, as they used to be able to get away with just tacking a little D&O liability coverage onto their employment practices liability. Not any more. Before Sarbanes-Oxley changed the rules of civilized corporate behavior, many companies in the middle tiers of commerce and industry didn't even bother with directors' and officers' liability insurance. Those that did buy coverage went for D&O insurance, not because they feared litigation against their directors and officers, but because it was relatively cheap to secure.

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Format: HTML | Date: Feb 2004 | Pages: 3

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