Why Teachers Need Liability Insurance

Teachers dedicate their lives to the education of youth and the improvement of skills of adults. Many instructors are so focused on preparing curricula and grading papers that they lose sight of the larger picture of today’s educational system and its burgeoning legal processes. Teachers carry a high level of liability due to their interpersonal ...

Key Things to Know About Directors and Officers Insurance

In general, insurance is there to protect insured individuals and entities from unfavorable events. Directors and officers for private companies can benefit from insurance tailored to the specific things that they may face, especially with their positions in the business. In considering different insurance plans, there are a few key things that you should know. ...

Updating Procedures for Risk Management

Every industry updates its best practices and with new technologies on the market, the way you do business changes on an annual basis. You probably also renew your director’s insurance every year. When you review your policy to ensure it fits your business, it’s time to look at your policies and procedures manual to make ...

Who Needs Directors and Officers Insurance?

You insure your business so that you and your employees can be protected. You don’t want to get an insurance that you don’t need. You may be wondering if you need directors liability insurance. In order to know the answer to that question you have to first understand what it is, how it protects you ...

Insurance News – Directors and Officers for Educators

Insurance News - Directors and Officers for Educators
Today’s world demands insurance coverage. In order to protect yourself, your family, and your hard earned assets insurance in the form of Directors and Officers for Educators is an important tool. Why Educators Specifically? Educators are unique in the risks and liabilities they face. Because of their strong connection with children, or those in a ...

The Three Sides of Directors and Officers Insurance

Many insurance coverage plans are complicated and somewhat difficult to understand. This very trait can sometimes allow the coverage to be as comprehensive as possible, taking into account many different types of liability. One key example to illustrate this point is Directors and Officers insurance. This insurance has three sides: side A, B and C. ...

Protecting Your Business' Assets At All Costs

Owning and operating any business involves making a lot of risks and investments. While it is normal to take on certain risks in order to gain big returns, without the right amount of research and protection, your risk could cost your business a fortune. Make sure that your business policy also includes a directors and ...

What Is Covered By a Directors and Officers Policy for Private Companies?

A policy that protects directors and officers for private companies typically covers the costs of a legal defense, investigations and settlements. Legal Defense Lawyer’s fees and court costs quickly add up. For complicated cases, it can take months or even years to reach a final decision. Defending against a legal claim can still be expensive ...

Traditional Exclusions in D&O Insurance Policies

Most policies for D&O insurance, also known as Directors and Officers insurance, include a professional indemnity exclusion that prohibits coverage for claims asserting the infringement of duty other than those owed by a director or an officer. Managers who are also professionals will need to warrant these obligations under a separate professional indemnity policy. Insured ...

Why Directors and Officers Insurance Matters

The directors and executives of a company play a special role in their business. They are crucial in the operations of their company, but they also face a number of specialized risks related to the work that they do. It’s important that every company have good directors and officers insurance as part of its corporate ...