09
Dec
2014

Everything a Risk Manager Needs to Know About D&O Liability Insurance

RIMS - Delaware Valley Chapter

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DATE: Tuesday, December 9, 2014

TIME: 8:00 AM - 10:00 AM

VENUE: Anderson Kill P.C. 1600 Market Street Suite 2500 Philadelphia, PA 19103

Darin J. McMullen and William G. Passannante to speak at the Delaware Valley RIMS Chapter on 'Everything a Risk Manager Needs to Know About D&O Liability Insurance' on Tuesday, December 9, 2014.

While D&O insurance provides essential liability protection to directors, officers and companies, the claims process is a minefield for policyholders.  A risk manager needs to know which policy provisions to insist on and which to avoid as well as how countering typical insurance company defenses once a claim is filed, and how to keep an insurance company on board while settling a suit.  This session will cover these essentials.  Key policy language issues include "severability" of coverage for insurers not implicated in wrongdoing; priority of payment provisions when multiple parties are all seeking coverage; and the scope of "bad acts" exclusions.  Settlement issues include satisfying the insurer's desire for information and right to "participate" in a settlement, as well as whether settling with the primary insurance company can arguable endanger excess coverage.

Related People

- D&O Insurance Attorney | Anderson Kill P.C.
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New York

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