An Introduction to Directors' and Officers' Liability Insurance

in Ensuring Corporate Misconduct

Published by University of Chicago Press

Published in print January 2011 | ISBN: 9780226035154
Published online March 2013 | e-ISBN: 9780226035079 | DOI:
An Introduction to Directors' and Officers' Liability Insurance

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This chapter discusses the basics of Directors' and Officers' liability (D&O) insurance, tracing its historical development and identifying some of the early problems posed by D&O coverage. It also explains the different types of coverage of most D&O insurance packages, including coverage for individual directors and officers as well as coverage for the corporate entity itself for losses resulting from shareholder litigation.

Keywords: D&O insurance; insurance coverage; Directors; Officers; corporate identity; shareholder litigation

Chapter.  5693 words.  Illustrated.

Subjects: Company and Commercial Law

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