Understanding Management Liability Insurance and Directors & Officers Insurance
Just a few years ago, only a few small or medium-sized businesses secured themselves with financial lines insurance or insurance policies that cover financial losses and other costs. With more and more companies facing litigation and similar risks, it has become apparent that there is a need to have one. Contact us. There are several […]
What is D&O Insurance, and why do businesses need it?
Directors and officers liability insurance (also known as D&O) indemnifies losses incurred by or advances litigation expenses to business executives if they are sued for alleged wrongful acts in the performance of their duties and responsibilities. The insurance usually covers all regulatory, administrative, civil and criminal actions that may be filed by stockholders, government agencies […]
