 |
|
| •
|
Full
severability between directors, officers and company
on all policy exclusions and applications |
| •
|
100%
entity coverage on ALL securities claims (no coinsurance
for securities claims) |
| •
|
All
employees covered in securities claims |
| •
|
Waiver
of Retention in a securities claim upon finding
of no liability |
| •
|
Coverage
extensions to non-directors and officers with the
potential to be named in a D&O suit
(i.e., Controller, H/R Manager) |
| •
|
Punitive
and exemplary damages against the company covered
in a securities claim |
| •
|
Express
entity coverage for civil litigation claims brought
by the SEC if in connection with purchase or sale
of securities of the company |
| •
|
Definition
of securities claim to include coverage for all
mergers/acquisitions, proxy contests, and other
shareholder claims |
| •
|
Flexible
pollution exclusion alternatives such as carve-outs
providing coverage for securities holder class and
derivative actions |
| •
|
Automatic coverage for newly created or acquired
subsidiaries that are less than 25% of total assets |
| •
|
Optional
automatic coverage for directors and officers serving
on outside non-profit boards |
| • |
Definition
of claim to expressly include arbitration proceedings
against insuredsVery narrow insured versus insured
exclusion |
| • |
Advancement
of all defense costs |
| • |
“Pay
On Behalf” wording in lieu of indemnification
language |
| • |
Bilateral
discovery |
| |
|
| |
«
Return |
| |
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