Try our Advanced Search for more refined results

Expert Analysis

Can D&O Insurers Contract Around Duty-To-Advance Costs?

Law360, New York (October 23, 2014, 10:19 AM EDT) -- Take a close look at your directors and officers policy and chances are it includes an allocation provision that states the insurer will only advance defense costs for covered claims, instead of advancing defense costs for all claims. Although D&O insurers promise to advance defense costs prior to the conclusion of the underlying action, many D&O and management liability policies now include such an allocation provision, which insurers have inserted in an effort to limit their broad duty to advance defense costs....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!