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Audio & Reference Manual

Directors and Officers Liability

Learn the ins and outs of D and O liability insurance and ensure your clients have the coverage they need.

In an era of increased financial risks arising out of data privacy concerns, social media, and political/economic uncertainty, directors and officers must be acutely aware of the potential for alleged and actual liability and the protection that their D and O liability insurance affords to provide for a defense and indemnity for any claim, settlement or judgment. This material will provide you with insight into current issues and trends in the D and O liability insurance arena and provide guidance regarding common issues that arise during a claim for D and O liability insurance coverage. It will open with a discussion of the liability landscape, focusing on common claims and current issues. This topic will also address how D and O insurance operates, including a discussion of the coverage sides, coverage add-ons, covered and noncovered conduct, and treatment of defense costs. It will conclude with a discussion of the current issues and trends in the D and O liability environment and issues that may arise in the negotiation and renewal of D and O liability policies.

Runtime: 90 minutes
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Liability of Directors and Officers: The Current Landscape

  • Current D and O Liability Issues

D and O Liability Insurance Overview

  • D and O Insurance for Public and Private Companies
  • Scope of Covered Conduct
  • Defense Costs Coverage

Hot Topics and Critical Issues

  • Restitutionary Damages and Disgorgement Issues
  • Coverage for "Investigations"
  • Rescission and Severability
  • Conduct Exclusions
  • Coverage for Punitive Damages
  • Bankruptcy-Related Issues

The Policy Negotiation and Renewal Process

  • Increased Sophistication/Sensitivity of Officers and Directors
  • Negotiating Wording

Looking to the Future

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on December 7, 2017.

Call 1-866-352-9540 for further credit information.

  • NE CLE 1.5
     
  • Lorman Business Center, Inc. is an accredited CLE sponsor in the State of Nebraska and certifies that this activity has been approved for 1.5 hours of CLE credit in the State of Nebraska.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

  • AK CLE 1.5
     
  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • GA CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MO CLE 1.8
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NM CLE 1.5
     
  • NV CLE 1.5
     
  • NY CLE 1.5 including Areas of Professional Practice 1.5
     
  • OR CLE 1.5
     
  • UT CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Kevin B. Dreher

Kevin B. Dreher

Reed Smith LLP

  • Partner in the Insurance Recovery Group in Reed Smith LLP’s Chicago office
  • Practice focuses on commercial litigation with an emphasis on representing policyholders in complex litigation and insurance disputes
  • Insurance coverage practice is nationwide and has involved litigation in jurisdictions throughout the United States
  • Significant experience representing and counseling Fortune 500 companies in a variety of complex commercial litigation and insurance matters
  • Handled disputes in negotiation and litigation with all major U.S. insurers, and London and Bermuda market insurers
  • Writes and speaks frequently on insurance coverage and other topics and recognized as a Rising Star in Litigation
  • J.D. degree, University of Illinois College of Law; M.A. degree, Loyola University in Chicago; B.A. degree, University of Michigan
  • Can be contacted at 312-207-2778 or [email protected]
No photo available

Timothy P. Law

Reed Smith LLP

  • Partner at Reed Smith LLP
  • Represents corporations, nonprofits, and universities in disputes with their insurance companies, focusing on liability insurance coverage litigation
  • Speaker at seminars across the country, including those sponsored by the Risk and Insurance Management Society, Mealeys, the National Association of Public Insurance Adjusters, the Independent Oil and Gas Association, and the CPCU Society
  • In 2015, was named by Chambers & Partners to its inaugural listing of the best Pennsylvania insurance lawyers
  • Admitted to practice in Pennsylvania and New Jersey
  • J.D. degree, with high honors, Rutgers-Camden School of Law; M.A. degree, Rutgers University, Eagleton Institute of Politics; B.A. degree in government, with high honors, College of William and Mary
  • Can be contacted at 215-241-1262 or [email protected]
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Pay once and get a full year of unlimited training in any format, any time!

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* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 401239
Published 2017
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Available in Multiple Formats

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