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TronCarter

08/06/18 5:55 PM

#16686 RE: gbad #16685

You left off - Intentional illegal acts...are not covered...

From your wiki definition:

Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously. Intentional illegal acts, however, are typically not covered under D&O policies.

And the coverage may only extend to defense costs, not from civil damages.

Either way, we can discuss in more detail as we go through the lawsuits.

;)