How to Soften the Insured vs. Insured Exclusion in Your D&O Policy
Insured vs. Insured Exclusion Directors’ and Officers’ Liability Insurance (“D&O”) policies are, according to most carriers who underwrite the coverage, primarily intended to protect senior managers against claims brought by third parties (including investors) who allege they’ve suffered harm as a result of the way the company is being run. Thus, carriers believe, it’s perfectly logical – and even necessary – to have an “Insured vs. Insured” exclusion (also known as a “One vs. One” exclusion) built into the D&O policy to protect against outside threats. Background D&O policies didn’t historically contain an Insured vs. Insured exclusion as a standard… Read More »How to Soften the Insured vs. Insured Exclusion in Your D&O Policy