D&O Liability Insurance Basics

Corporate Counsel

PUBLISHED ON: March 19, 2004

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Arecent headline screamed “D&O Insurance Prices Up More Than 30% in 2003.” Given this enormous level of increase and the “I’d rather fight than pay” claims-handling philosophy of many D&O liability insurance companies, an insurance consumer needs an education in D&O Liability insurance. Indeed, some policyholders have discovered that they also need an insurance coverage litigation education in order to get their D&O insurance company to provide value for their insurance dollar.