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Main image for D&O Insurance Coverage and Coronavirus: Avoiding Exclusions
Publications|Article

D&O Insurance Coverage and Coronavirus: Avoiding Exclusions

Insurance Journal

4.20.2020

Sometimes an article needs an introduction to put the subject in context for the reader. Sadly, no introduction is needed for the coronavirus. It will have affected everyone who reads this. Some will have suffered physically. A larger group will have been emotionally affected. Except for hospitals and toilet paper and disinfectant manufacturers, economic loss extends everywhere.

The redistribution of that loss at some point will occur. As businesses begin to recover, shareholders may second guess the decisions of management in preparing for and responding to the pandemic. The Securities and Exchange Commission or others may challenge the disclosures made by publicly traded companies. Still, others may allege economic harm arising from the acts or omissions of the company and its officers, directors and employees.

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