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Understanding and interpreting D&O liability and coverage issues involves studying the evolved terms of the corporate liabilities presented, the contract terms implicated and the case decisions interpreting those terms. Now updated, The Directors & Officers Liability Insurance Deskbook has evolved with the expansion of corporate liabilities, the terms of the policies at issue and the judicial interpretations as well. Use this book as a reference tool for navigating the current landscape, providing synopses of important judicial decisions (in various jurisdictions) on the key provisions that commonly arise. This book reflects on this history of directors and officers exposures and the insurance coverage called upon to address those risks. The book covers the following: - Policy issuance- Insuring agreements- Trigger and scope of coverage- Defense obligations- Policy limits, retentions, and exclusions- Settlement- Allocation- Policy termination and nonrenewable- Coverage litigation issues- Recent developments in D&O liability abroad.
About the Author
Martin J. O'Leary is a partner at Clyde & Co. law firm in San Francisco, California, where he handles an array of professional liability insurance matters. John W. Blancett is a partner at Kennedys Law LLP in New York City. He represents U.S. and U.K. clients in insurance, banking, commercial law and litigation, Michael R. Davisson is a trial lawyer and insurance counselor in the Los Angeles office of Cozen O'Connor where he focuses his practice on coverage, coverage litigation, bad faith litigation, and commercial litigation. Ralph A. Guirgis is a partner at Clyde & Co.'s Irvine, California, office. He principally investigates, litigates and advises insurers on policy wordings and relevant emerging issues. Eric C. Scheiner is a partner in the Chicago, Illinois, office of Kennedys law firm, where his practice focuses on coverage matters, including directors' and officers' liability (D&O) and professional liability. Edward G Smerdon is Executive Director at the Global Broking Centre of Aon Risk Solutions in London, England. Among his specialties are insurance and reinsurance and D&O insurance.