An insurance policy does more than just pay it claims, it pays to defend you against lawsuits. As the Marriott breach shows, lawsuits can come quickly and they are not cheap to defend against.
Each week, I take a common question I get from clients and prospects about insurance and answer it. If you have a question you would like me to answer please feel free to shoot me an email at firstname.lastname@example.org. The question today is – “Why do I need Directors & Officers (D&O) insurance?” A similar … Continue reading Common Question Friday – Why Do I Need D&O Insurance?
Directors & Officers liability has been a popular topic as of late for me. Every day there are new headlines and the one that could have the biggest impact would be the recent story about shareholders losing their right to sue corporations. The headline came from The Intercept and was titled, “Will Shareholders Lose the … Continue reading Arbitration or Shareholder Suits – Would a Change Lower your D&O Premium?