Do You Have The Right D&O Coverage?

Law360, New York (February 17, 2010, 2:29 PM EST) -- In the wake of the economic meltdown, state and federal authorities are stepping up their investigations into alleged violations of the securities laws. While companies purchase Directors and Officers Policies designed to cover such investigations and other types of claims, it can be difficult to get the insurers to defend or pay such claims.

Recently, Judge Richard Berman of the United States District Court of the Southern District of New York gave D&O policyholders ammunition against insurers when he upheld coverage for MBIA Inc., under policies...
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