Posts made in May 10th, 2010

Do you need D&O Insurance?

Posted by Doherty on May 10, 2010 in Business Tips, Entreprenuers | 3 comments

By Jerry Becerra, CPCU Businesspeople and investors often hear about the need to purchase coverage for Directors and Officers Liability, but they may not have a good understanding who is covered, what their exposures are and what coverage is provided under these policies. Traditionally, public companies and financial institutions have suffered from a high volume of Directors and Officers lawsuits.  Smaller corporations with few or no shareholders once perceived they had little litigation exposure and saw no reason to carry liability coverage for their directors and officers.   However, the number of lawsuits being filed against privately owned...