Category Archives: Directors & Officers

Seven Questions Directors Should Ask About D&O Coverage

Corporate Board Member by Charles Keenan Joining a board of directors isn’t without risk. Christine Weirsky, public relations director, Marketing and Communications, North America, XL Group Insurance, says directors should never shy away from asking about what coverage is available … Continue reading

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Nonprofit Good Deeds Can Put You in Danger

BOSTON (MainStreet) — No good deed goes unpunished. That old cliche reflects a danger faced by those who volunteer their time and expertise to nonprofit boards. Whether it is a charity, civic organization, church or library, serving on a nonprofit … Continue reading

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Recent Scandals, Bad Economy Spur Companies to Up D&O Limits

By Meg Green A.M. Best Company, Inc. The economic downturn and the resulting legal issues plaguing some company leaders, have many companies upping their directors and officers insurance limits. Tony Galban, senior vice president and product manager for Chubb Group … Continue reading

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BOARDROOM: D&O, getting it right, keeping it right

You need a better guide than somebody’s brother-in-law By Harold P. Reichwald, co-chair of the Financial Services and Banking practice group at law firm Manatt, Phelps & Phillips, LLP Consider the following hypothetical: The Chair calls the bank board meeting … Continue reading

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Business Owners Need Protection

Two major forms of insurance for businesses are Directors & Officers (D&O) insurance and Professional Liability (Errors & Omissions) Insurance. Both types of policies protect businesses and business owners but in different capacities and different ways. 1) D&O insurance applies … Continue reading

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