Resisting Insurer Attempts to Recoup D&O Defense Costs

Risk Management Magazine

PUBLISHED ON: September 17, 2015

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D&O liability insurance is specifically designed to protect individual directors and officers from crushing defense costs related to claims made against them. The D&O liability insurance protection works alongside the usual “corporate indemnity” protection available to many directors and officers, but attempts by insurance companies at recoupment can greatly tarnish that protection.