Employment Discrimination Examples
Explainer video: “EPLI: Discrimination, the most common peril resulting in claims” by the Insurance Training Center from ITC Education Inc.
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D&O: Indemnification and D&O Insurance – Side B Coverage
Side B coverage in a D&O insurance policy is all about indemnification. It’s purpose is to financially protect the insured organization when it indemnifies its directors and officers for loss due to a claim. Indemnification is the action of indemnifying, of reimbursing or compensating, a party for loss suffered.
D&O: Importance of Side A Coverage
While it’s common practice for an organization to indemnify its directors and officers, doing so isn’t always possible. That’s where Side A coverage comes in.
Directors & Officers Insurance: Duty to Manage Explained
The Duty to Manage. Any judgement as to whether or not directors or officers have acted as they should is assessed by the legal system in light of their legal duties. Have they acted as they agreed to when …
3 Components of a D&O Insurance and Indemnity Program
There are three tools available to directors and officers for protecting their personal liability. These tools fit together to become a comprehensive indemnity and insurance program. Understand how these tools work together and where D&O insurance fits into a larger indemnification program.
The Hammer Clause
A ‘Hammer Clause’ is an insurance policy provision which stipulates what happens when an insured does not consent to settle a claim, as recommended by their insurer. Learn more…