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The Rest of the Story: Directors and Officers Coverage for Independents (Insurance Journal, May 2007)
Management Liability
Priya Cherian Huskins, Esq.
May 20, 2007
Priya Cherian Huskins, Esq.
May 20, 2007
1 minute
The large out-of-pocket payments made by independent directors of publicly traded firms are enough to make any board member nervous, not to mention their insurance brokers.
The large out-of-pocket payments made by independent directors of publicly traded firms are enough to make any board member nervous, not to mention their insurance brokers. But is the fear well-founded? Is more liability insurance the best solution? What can brokers do to better serve their clients and help them protect their corporate and personal assets?
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