D&O: managers have to bear costs of defense

Wednesday, May 7, 2014 Veröffentlichungen

Column by Dr. Mark Wilhelm for Versicherungsmonitor.de

The reputation of the D&O-insurance has recently suffered due to the criticism of the settlement practice of some insurers. Subject of the discussion was the promise of indemnification of managers from liability claims. Recently, some insurers argue with insured managers about the amount of defense costs – and make them bear extensive lawyers’ fees.


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