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D&O Insurance Issues in Bankruptcy

In a D&O policy, the definition of "Claim" can significantly affect the scope of coverage. Disputes can arise when the insured, whether voluntarily or involuntarily, files for bankruptcy or becomes insolvent.

20 minute readAugust 29, 2012 at 10:42 AM
By
Heidi Lawson
D&O Insurance Issues in Bankruptcy

In a D&O policy, the definition of “Claim” can significantly affect the scope of coverage provided under that policy. The breadth of the definition, moreover, can differ significantly from one carrier's form to another.

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