Tag Archives: D&O

D&O and E&O Insurance: What’s the Difference?

D&O and E&O Insurance: What’s the Difference?

On the surface, it can be tough to tell the difference between directors & officers (D&O) and errors & omissions (E&O) insurance. Both policies, at their core, are designed to safeguard a business against losses from claims of negligent or malicious acts. However, this does not mean that the two policies are interchangeable. That is a common misconception, but the two policies each have distinct areas that they cover, and

Posted in blog, D&O Insurance, Directors & Officers Insurance, E&O, E&O Insurance, Errors & Omissions, Errors and Omissions Insurance | Also tagged , , , , , Comments Off on D&O and E&O Insurance: What’s the Difference?

Choosing the Right Fit for Your Board of Directors

Choosing the Right Fit for Your Board of DirectorsIf you’re a private or non-profit company, you may be looking to add to your Board of Directors. This important body sets annual budgets, operational goals, ensures funds are available for those operations, and evaluates the job performance of the CEO. Most boards of directors have several top-level positions responsible for various aspects of the overall operation of the company. The CEO is the highest-ranking member of the board and …

Posted in blog, D&O Insurance | Also tagged , , Comments Off on Choosing the Right Fit for Your Board of Directors

D&O Considerations for Privately Held Businesses

D&O Considerations for Privately Held BusinessesSome small and mid-sized businesses may believe that Directors & Officers (D&O) Liability insurance is meant only for publicly traded firms or large companies. But this is far from the truth. Although privately held firms are not vulnerable to the exposure of securities calls actions, these businesses can still be sued, with executives being held accountable for their actions over the management of company affairs. It’s also important to note …

Posted in blog, Directors and Officers Insurance | Also tagged , , , , Comments Off on D&O Considerations for Privately Held Businesses

The Anatomy of Directors & Officers Insurance

The Anatomy of Directors & Officers InsuranceDirectors & Officers (D&O) insurance provides liability coverage for managers and executives at companies to protect them against claims as a result of decisions and actions they take within the scope of their duties. A D&O policy can cover the personal liability of company directors and officers as individuals, reimburse the company in the event it has to pay the claim of a third party on behalf of its managers …

Posted in blog, Directors & Officers Insurance, Directors and Officers Insurance | Also tagged , , Comments Off on The Anatomy of Directors & Officers Insurance

D&O: Boardroom Diversity Critical to Effective Corporate Governance

D&O Boardroom Diversity Critical to Effective Corporate GovernanceHaving a diverse boardroom includes ethnic and gender diversity, as well as diversity in skills, competencies, philosophies and life experiences as well. A diverse board reflects the real world, your clients and customers, and provides a company with several key benefits.

A study by Utah State University’s Alison Cook and Christy Glass, for example, examined the impact of leaders’ diversity on firms’ policies, organizational structure, and strategy. The study found …

Posted in blog, D&O Insurance | Also tagged , , , , Comments Off on D&O: Boardroom Diversity Critical to Effective Corporate Governance

What to Look for in Directors & Officers Liability Insurance

What to Look for in Directors & Officers Liability InsuranceDirectors and Officers (D&O) Liability insurance is a complex coverage and requires expert evaluation of a company’s operations and exposures in order to purchase a policy that is designed to respond to your specific needs. Following are some of the key factors to review when looking at D&O insurance.

  • Are your D&O limits in sync with your risk profile? This requires looking your firm’s financial strength and risk tolerance
Posted in agents, blog, D&O Insurance | Also tagged , , , , Comments Off on What to Look for in Directors & Officers Liability Insurance

D&O Survey Cites Regulatory Claims As A Top Concern

D&O Survey Cites Regulatory Claims As A Top ConcernShareholder and Employment-Related D&O Suits Also Top List

A survey of organizations on their Directors & Officers (D&O) insurance conducted by JLT Park indicates that regulatory claims are increasingly a top concern for corporations, alongside shareholder and employment-related suits. The companies that participated in the survey, which was taken between October 2013 and February 2014, include a broad array of industry segments, including manufacturing, insurance, financial services and energy and …

Posted in blog, Directors & Officers Insurance | Also tagged , Comments Off on D&O Survey Cites Regulatory Claims As A Top Concern

Reviewing the Terms of a D&O Insurance Policy

Know the D&O Ins & Outs of What’s CoveredKnow the D&O Ins & Outs of What’s Covered

Directors & Officers (D&O) Liability insurance is needed for executives and board members of private, public and non-profit companies to protect against allegations of wrongful conduct. Claims can be brought against by company stakeholders such as owners, investors, lenders, employers and securities holders. Customers, consumer groups, competitors, business partners such as vendors and suppliers, and government enforcement/regulatory groups can also file …

Posted in D&O Insurance | Also tagged , , Comments Off on Reviewing the Terms of a D&O Insurance Policy

D&O: Shareholders File Suits in More than 90% of M&A Deals

D&O Shareholders File Suits in More than 90% of M&A DealsLawsuits Underscore Importance of Board’s Fiduciary Adherence

A new report released by Cornerstone Research looked at shareholder litigation involving mergers and acquisitions deals from 2007-2013. The report cites that for the fourth consecutive year, shareholders filed suit against public companies in more than 90% of M&A deals valued over $100 million. Moreover, just last year, shareholders challenged 94% of these deals for a total of 612 lawsuits. Also, for the …

Posted in Directors & Officers Insurance, Directors and Officers Insurance | Also tagged , , , , , Comments Off on D&O: Shareholders File Suits in More than 90% of M&A Deals

Directors & Officers Liability: A Rise in Whistleblower Complaints

D&O Liability A Rise in Whistleblower ComplaintsReview Directors & Officers Policy Language for Coverage

The U.S. Securities and Exchange Commission (SEC) in its annual report to Congress revealed that the number of whistle-blower tips and complaints under its program increased 7.9% from the previous year to 3,238 in fiscal year 2013. The SEC’s Office of the Whistleblower, mandated by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, was established in August 2011 and since …

Posted in D&O Insurance, Directors & Officers Insurance | Also tagged , , , , Comments Off on Directors & Officers Liability: A Rise in Whistleblower Complaints
Error Omissions
Error Omissions
Submit your information below so we can contact you with a FREE quote
[All fields are required.]
Actual Annual Revenue:
Verify:
=
I have read and agreed to theTerms & Conditions
Error Omissions
Error Omissions