We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Options Probe Highlights D&O Insurance Issues

Law360 (June 29, 2006, 12:00 AM EDT) -- With the options backdating investigation prompting a wave of lawsuits, companies with directors' and officers' liability insurance are breathing a sigh of relief, knowing that their legal costs are covered. But the soaring costs of litigation and the high price of D&O policies have companies and insurers at odds over when and how insurance companies should foot the bill.

D&O policies cover the legal costs for directors and officers named as defendants in any kind of claim based on a “wrongful act,” including securities suits filed...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.