Will D&O Insurance Cover Internal Investigations?

Law360, New York (April 27, 2011, 1:34 PM EDT) -- Proper internal investigations of alleged wrongdoing by corporate officers, directors and employees are critically important to good corporate governance. Those investigations can also be horrifically expensive. For that reason, as a general counsel, it is important to consider whether the corporation has insurance that will foot the bill for any particular internal investigation.

Directors and officers liability insurance, known as D&O insurance, typically covers losses resulting from claims alleging wrongful acts by the corporation’s officers and directors. In some instances, coverage extends to employees who are...
To view the full article, register now.