How Strong Is Your D&O Safety Net?

Law360, New York (January 10, 2014, 7:10 PM EST) -- Directors and officers policies is the most important insurance to protect directors and officers from personal liability. Corporations often broadly indemnify their directors and officers so gaps in D&O insurance will have no impact until the company fails. At that point, it is too late to repair deficiencies in the D&O insurance program. Directors and officers should evaluate D&O insurance the same way they evaluate their compensation packages.

Lawsuits arising out of hundreds of bank failures — as well as other corporate failures — across the...
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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.