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OnDemand Course

Updates and Key Trends for Directors and Officers Liability Insurance

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: 87 minutes
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Why Lorman?

Over 33 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 33 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 Course

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on December 13, 2018.

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

  • CA MCLE 1.5
     
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
     
  • OR CLE 1.5
     
  • Approved for 1.5 CLE credits in Oregon.
     
  • WA CLE 1.5
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of A/V credit under the Law & Legal Procedure category.
     

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.

Virginia MCLE requirements do not allow approval for programs that do not include an audio or audiovisual component.

This program was previously offered as a live webinar. Virginia MCLE requirements do not allow approval for attendance at duplicate programs.

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

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More Program Information

Why Lorman?

Over 33 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

Noel C. Paul

Noel C. Paul

Reed Smith LLP

  • Attorney in Reed Smith LLP’s Insurance Recovery Group based in the firm’s Chicago office
  • Advises companies on insurance and risk management issues and is experienced in representing clients in complex commercial and insurance-coverage litigation in state and federal courts across the United States
  • Focuses practice on recovering insurance for policyholders under general liability, directors’ and officers’ liability, employment and fiduciary liability, professional liability, and cyber/tech/media liability policies, among other types of coverage
  • Can be contacted at 312-207-2403 or [email protected]
No photo available

Caroline M. Upton

Reed Smith LLP

  • Associate in the Insurance Recovery Group in Reed Smith LLP’s Chicago office
  • Represents corporate policyholders at all stages of the insurance recovery process, from insurance counseling to coverage disputes and litigation
  • Assists clients in a wide range of insurance coverage areas, including general liability and business risks, cargo and marine claims, first-party property and business interruption risks, product liability, Bermuda Form claims, and more
  • Experience handling coverage disputes with major U.S., London and Bermuda market insurers and in jurisdictions across the United States
  • J.D. degree, University of Illinois College of Law; B.A. degree, Allegheny College
  • Can be contacted at 312-207-2826 or [email protected]
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More Program Information

Why Lorman?

Over 33 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.

All of your training, right here at Lorman.

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

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

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

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Product ID: 404590
Published 2018
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