Professional Liability Insurance

Allocation cases expand D&O cover. (directors and officers liability insurance)(Professional Liability Review)(Column): An article from: National Underwriter ... & Casualty-Risk & Benefits Management

Allocation cases expand D&O cover. (directors and officers liability insurance)(Professional Liability Review)(Column): An article from: National Underwriter ... & Casualty-Risk & Benefits Management
Product Description
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on November 13, 1995. The length of the article is 1261 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The liability of insurers has been increased as a result of rulings from cases involving the liability of corporate directors and officers linked with the liability of uninsured corporations. The 9th Circuit Court has ruled against insurers in cases between Nordstrom Inc. versus Chubb & Son Inc, case 54 F.3d 1424, and in Safeway Stores Inc. versus National Union Fire Insurance Co, case 64 F.3d 1282, holding the insurers liable for total costs. Insurers should revise their policies with clearer, more definitive language to minimize collateral risk arising from such lawsuits.

Citation Details
Title: Allocation cases expand D&O cover. (directors and officers liability insurance)(Professional Liability Review)(Column)
Author: Bruce D. Celebrezze
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: November 13, 1995
Publisher: The National Underwriter Company
Issue: n46 Page: p3(3)

Article Type: Column

Distributed by Thomson Gale

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