The threat for D&O litigation is very real, with the total value of settlements in 2020 totaling $4.2 billion. The threat for D&O litigation is very real, with the total value of settlements in 2020 totaling $4.2 billion. (Photo: hxdbzxy/Shutterstock.com)

The past year has been a particularly eventful one in the world, in general, not to mention in the world of directors and officers (D&O) insurance. Let’s face it; company leaders feel more sting anytime you add a rapidly evolving industry to a litigious society. Although D&O litigation has decreased in frequency over the past few years, securities suits, merger-related cases and class action lawsuits remain ongoing threats.

Cannabis D&O insurance is designed to protect companies and their leaders if someone sues them, but how does this coverage typically play out? What insurance options do you have? Let’s take a look at the nuts and bolts of cannabis D&O insurance and what it means for your company.

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