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Expert Analysis

Do's And Don'ts Of D&O Coverage According To The FDIC

Law360, New York (June 3, 2014, 11:30 AM EDT) -- The Federal Deposit Insurance Corporation has closed over 400 banks since the financial crisis began in 2008. And when the FDIC closes a bank, it may very well decide to pursue former officers and directors to recoup losses suffered by the institution. For bank officers and directors, especially those defending themselves from FDIC lawsuits, directors and officers liability insurance is an essential shield against financial ruin....

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