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The Pitfalls of D&O Insurance Excess
February 14, 2013
How many insurers use a standardized policy form for Directors & Officers Liability? None! Each carrier develops their own policy and problems can arise when the terms of the primary and excess policies aren’t the same. Ideally, the primary policy outlines the terms and conditions of the entire D&O program and the excess policies would follow the primary policy without deviation.
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