NY Insurance Department D&O Opinion - Details

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ID:	11547
Title:	NY Insurance Department D&O Opinion - http://specialtyinsurance.typepad.com/specialty_insurance_blog/2008/12/ny-insurance-department-do-opinion.html
Description:	The New York Insurance Department has issued an opinion (see here) requiring admitted Directors and Officers liability (D&O) insurance policies not have a provision placing a duty to defend on the insured. A D&O liability policy may not include a provision that places the duty to defend upon the insured, rather than the insurer Two D&O experts, Kevin LaCroix of The D&O Diary and Carrie Cope of the Tressler, Soderstrom Maloney & Preiss law firm, have pointed out flaws in...
Category:	Insurance
Link Owner:
Date Added:	December 16, 2008 06:00:00 AM
Number Hits:	0

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