Directors and officers liability insurance: Tensions between corporate and individual insureds

被引：0
|
作者：
Mary E McCutcheon
机构：
[1] Farella Braun + Martel LLP,
来源：
International Journal of Disclosure and Governance | 2006年 / 3卷 / 2期
关键词：
directors and officers insurance; Side A coverage; fraud exclusion; final adjudication; interim funding agreements; indemnification; business; law; finance;
D O I：
10.1057/palgrave.jdg.2040073
中图分类号：
学科分类号：
摘要：
D&O liability insurance has evolved from a policy designed to protect only individual directors and officers to a risk transfer mechanism used to protect a corporations balance sheet. The policy provisions implementing this evolution may dilute the coverage available to the individuals. Policy changes designed to mitigate against this dilution, however, may lead to unanticipated impairments of coverage for both individuals and the corporation.
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页码：148 / 155
页数：7
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