MLIS - How to Insure D&O Liabilities

Description

Directors and officers of for-profit, publicly-held corporations and not-for-profit corporations face a number of legal liability exposures. This "INTERMEDIATE" course is designed to give each student a detailed look at the key provisions within a directors and officers (D&O) liability insurance policy and how they function within various claims scenarios. The major areas this course addresses include: (1) key insuring agreements, (2) covered persons, organizations, and acts provisions, (3) two of the policy’s most important defined terms: “covered damages” and “covered losses,” (4) defense coverage provisions and defense procedures, (5) the manner in which policy limits, retentions, and coinsurance provisions apply, (6) conditions and exclusions, and (7) claims-made coverage trigger.

CEUS: 7
Instructor: Bruce Thomas