Law360, New York (June 3, 2011, 2:39 PM EDT) -- It is important that directors and officers insurance provide the necessary protections. In times of financial turmoil, it is especially advisable for companies to review their D&O insurance coverage to ensure that their directors and officers are adequately protected. Although not exhaustive, set forth below are some of the critical issues to be considered in the context of D&O insurance policies.
The Extent of Coverage
In a D&O policy, the definition of “claim” can significantly affect the scope of coverage provided under that policy. The breadth...
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