XL Group Enhances Primary D&O Form
In response to requests for specific coverage provisions, XL Group has enhanced its Executive and Corporate Securities Liability offering to “cover plaintiff’s attorney fees on an un-allocated basis.”
In response to requests for specific coverage provisions, XL Group has enhanced its Executive and Corporate Securities Liability offering to “cover plaintiff’s attorney fees on an un-allocated basis.”
Nary a day passes without news of another crisis embroiling corporate board directors and senior officers. Corrupt executives one day, rogue traders the next. In the wake of the news, management frets and sweats as stock prices swoon, shareholders take to
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D&O litigation from a bankruptcy used to be considered an esoteric exposure that would never happen. Now, it is very real—and very costly.