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Re: westjtter post# 345747

Sunday, 05/05/2024 9:32:06 PM

Sunday, May 05, 2024 9:32:06 PM

Post# of 347009
Most, if not all, companies have insurance that covers catastrophic damages to company assets. Fires, floods, equipment failures or earthquakes, such as those that have occurred lately in areas of California where CDMO’s plants are located, are examples of such insurance. Even insurance that would cover damages resulting from an airplane crashing into a company’s plant or office facilities might be possible with appropriate insurance premium. I admit I have not checked, but does CDMO have an insurance policy that covers management negligence in performance of its corporate duties?
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