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COVID-19’s Impact on Directors & Officers Liability
Posted by Chrissy Hammond on Mon, Apr 20, 2020 @ 02:02 PM

COVID-19’s impact on the economy and business operations continues to deepen. Many companies may be asked additional questions by their insurance underwriters, and increased Directors & Officers (D&O) litigation relating to the outbreak is expected. Claims could be filed alleging that D&Os were negligent in their actions or inactions related to COVID-19. In fact, the first lawsuits were filed in March, both securities class action suits – one against a pharmaceutical company and one against a cruise line.

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Topics: D&O Insurance, Directors & Officers Insurance, COVID19, Coronavirus, CARES Act

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