Product Update

D&O Liability Exposures Article Updated in Professional Liability Insurance

This Professional Liability Insurance release contains a comprehensive update of "Directors and Officers Liability Exposures," an in-depth article written by Dan A. Bailey and Darius N. Kandawalla of Bailey Cavalieri LLC.

The article provides updated analysis of a range of issues pertinent to directors and officers, including corporate duties and responsibilities; primary defenses to liability; federal securities liability; parallel proceedings; and other potential sources of liability, including environmental issues and cyberrisks. Each of these sections of the article features a wealth of relevant case law illustrating the various sources of (and defenses to) D&O liability.

Finally, the article concludes with nine specific, actionable guidelines that directors and officers can follow in order to manage the liability exposures to which they are most subjected.

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