Directors and Officers Insurance
Head of the Line
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Peter Taffae
Managing Director, Executive Perils
"Each D&O policy is different. There's overlap, but every single insurance company has its own form."
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William R. Henry Jr.
Executive Director, Volunteers Insurance Service Association, Inc.
"Your organization can be sued for a wrongful act by anyone with any interest in the chapter's activities. Without nonprofit D&O coverage, you must pay for your own defense, even if you are proven blameless."
Related Links
- Penn State vs. Insurer: Who Will Cover Sex-Abuse Court Costs?
- Nonprofit Coverage Needs: Blind Spots and Misconceptions
- Penn State D&O Coverage May Pay For Employees’ Attorney Fees
- Number, Average Value of Securities Class-Action Settlements Fell in 2011
- As an Increasing Target for Claims, Nonprofits Seek More D&O Coverage
- The Line on Pricing
- D&O Liability Coverage for Private Firms: A Case of Nice, or Necessary?
- Rising Risks Mean More Attention to D&O Purchase
- Dodd-Frank & Corporate Investigations: Should D&O Insurance Cover The Cost?
- Advisen: EU Companies Wary Of U.S. Court System, D&O Claims
Featured Report
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D&O Uh-Oh: Large Class-Action Settlements Down, But Smaller Cases Way Up
Rates are increasing—but so are government actions, defense costs and diversity of claims. Some express concern about the market being "significantly under-reserved."
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D&O Market Outlook: Underpriced, Underreserved with No Cheap Cases
The insurance market is at a "tipping point," making it more unusual than 37-year insurance veteran Christopher J. Cavallaro has ever seen it. Looking specifically at the D&) market, Cavallaro says rates are dropping while cases become more expensive and complicated.
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