Some Insurers Gut D&O Insurance in a Core Area

BOSTON, Nov. 30, 2020 /PRNewswire/ -- Directors and Officers: Are You Covered if Sued by Your Investors/Shareholders?  (Investors: will your claim be covered?)

With D&O insurance, perhaps the biggest worry of directors and officers is a suit by their investors, who usually are also shareholders.  Coverage for this claim is the core value of D&O insurance.  Some insurers, though, are trying to get out from covering this through exclusionary language in their policies.  (The issue applies to privately-held companies).

Read more: https://licatarisk.com/2020/11/28/some-insurers-try-to-gut-directors-officers-insurance-in-a-core-area/

CONTACT: Frank Licata, 617-718-5901, [email protected]       

SOURCE Licata Risk Advisors

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