Archive for the ‘Directors & Officers (D&O)’ Category

It cover Director or Officer against any actual or alleged wrongful act or omission including any misstatement, misrepresentation, breach of trust, breach of duty or breach of warranty of authority committed by an Insured Person (Director or Officer or Commissioner) including (1) compensatory damages awarded against the company directors and officers, (2) out-of-court settlements, (3) defense costs and expenses, and (4) costs of appointing legal expertise.       D&O provides covers for…………… • Civil Proceedings • Employee Actions • Prospectus Liability • Official Investigations and Inquiries • Successful Defense of Criminal Proceedings • Outside Directorships (optional Extension) Full story