Directors and Officers (D&O) Insurance provides financial protection for the acts of directors and officers in your company in the event that you are sued in connection with their performance of company duties. This insurance also covers the directors and officers personally. This type of insurance coverage can protect you and your directors and officers from claims from stockholders, employees, and clients. Without D&O insurance, your principals can be held personally liable for acts of the company.
D&O insurance can protect you from harassment and discrimination suits, as well as fiduciary liability claims based on alleged acts of negligence, breach of duties, and more. When there is a claim against you as a director or officer, that is a serious allegation and, without the proper insurance, you could be facing personal liability. Without insurance, you could be in serious financial trouble.
The last thing you need is for the rogue actions of a member of management to cost your company millions. Conversely, maybe you’re worried that your most important team members could be found personally liable. If your D&O insurer has denied your claim or reserved its rights, you need an experienced D&O insurance claim attorney on your side. Call us today. |
The Davis Law Firm is located in Jacksonville, Florida and serves clients throughout the states of Florida and Georgia, including Jacksonville, Miami, Pensacola, Orlando, Tampa, St. Petersburg, St. Augustine, Fort Myers, Daytona Beach, Panama City, Destin, Melbourne, Fort Lauderdale, West Palm Beach, Tallahassee, the Florida Keys, and everywhere in between.