Is Your D&O Coverage Up To Scratch?

While the need for directors' and officers' insurance ("D&O") is well understood, there's less understanding of some common problems in ensuring adequate coverage. In this article we'll look at recent cases which clarified liability for defence costs, and allocation of losses where a claim involves both insured and uninsured losses. In the next edition of LDR Insights we'll consider the special issue of the advance payment of defence costs.