While the world took a “we’re all in this together” approach in the early days of the COVID-19 crisis, the prolonged economic and human impacts are driving some investors to sue. Claims that a company could have done more, earlier, or better in dealing with COVID-19 are likely to increase. Board members will look to their directors’ and officers’ liability coverage for protection. Some clauses in your policies may deliver nasty surprises.
7.17.2020