Health Insurance Obligations that You Need to Know

href=”http://www.articlesbase.com/regulatory-compliance-articles/directors-and-officers-liability-insurance-798462.html” onclick=”_gaq.push([‘_trackEvent’, ‘Articles’, ‘RelatedArticle’, ‘Insurance’]);”>Directors And Officers Liability Insurance

Directors and Officers Liability Insurance (often called D&O) is insurance payable to the directors and officers of a company, or to the corporation itself, to cover damages or defense costs in the event they are sued for wrongful acts while they were with that company.

Typical sources of claims include shareholders, shareholder-derivative actions, customers, regulators, and competitors (for anti-trust or unfair trade practice allegations).

By:
Ashish Guptal

Law>
Regulatory Compliancel
Mar 03, 2009
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