In today's world, there is no longer a "vanilla" account for which only standard property-casualty coverages–commercial general liability, automobile, workers' compensation and property–will adequately address all of a business' exposures.
The greedy culture of the recent past involved unchecked conflicts of interest, complex transactions involving boutique products, and in some cases, outright fraud, all of which led to significant exposures for the directors and officers of all types of companies–public, private and non-profit. The widespread failure of financial institutions also has created an environment ripe for litigation.
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