D&O Insurance Coverage Tips For Financial Institutions
Law360, New York (December 6, 2017, 2:48 PM EST) -- Directors and officers insurance liability coverage terms continue to evolve in ways that can be important to directors and officers if and when lawsuits or investigations against them arise. These terms can be particularly important for directors and officers in the heavily regulated financial services industry.
Fortunately, in the midst of decreasing premiums and a very competitive insurance market, new and broader coverage features have appeared as carriers try to distinguish themselves. Corporations and financial institutions need to understand both the coverage options and the negotiable terms, particularly in this buyer's market. After all, no one wants to try and explain...
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