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Ensuring Corporate MisconductHow Liability Insurance Undermines Shareholder Litigation$
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Tom Baker and Sean J. Griffith

Print publication date: 2011

Print ISBN-13: 9780226035154

Published to Chicago Scholarship Online: March 2013

DOI: 10.7208/chicago/9780226035079.001.0001

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An Introduction to Directors' and Officers' Liability Insurance

An Introduction to Directors' and Officers' Liability Insurance

(p.42) Chapter Three An Introduction to Directors' and Officers' Liability Insurance
Ensuring Corporate Misconduct
University of Chicago Press

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

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