Directors and Officers (D&O) Liability and Insurance - Everything a New Risk Manager Needs to Know 2013

Topics

• Coverage issues
  • Insurers` obligation to advance defense costs
  • Insurers` attempts to rescind coverage before a court determines wrongdoing
  • The scope of "bad acts" exclusions
• Key policy language issues
  • Priority of payment provisions when multiple parties are all seeking coverage
  • "severability" of coverage for insureds not implicated in wrongdoing
  • The scope of insured vs. insured exclusions
• Settlement issues
  • Whether settling with the primary insurance company can arguably endanger excess coverage
  • Satisfying the insurers desire for information and right to "participate" in a settlement

Who should Attend

• Financial Officers
• Corporate counsel
• Internal Auditors
• Risk Officers
• Attendees from risk management departments, central and businesses departments
• Operational Risk Managers