This video is the third of a three-part series addressing issues
companies should focus on when negotiating and purchasing D&O
insurance to adequately protect against governmental
investigations. In this post, Miller Friel Attorney Tab Turano
continues his discussion on maximizing insurance recovery for
governmental investigations. Both public and private companies face
the threat of governmental investigations. These investigations by
Federal agencies, from the SEC to the FCC to the DOJ, can be for
violations of securities laws, the Foreign Corrupt Practices Act,
and other laws and regulations. Having the right D&O insurance
can be critical for defending such proceedings. Not all D&O
policies, however, are the same. This video discusses the
importance of negotiating a broad and favorable "allocation
clause" as well as narrowly-tailored "conduct
exclusions," both of which are important for maximizing
defense coverage in connection with governmental
investigations.
