While the industry is far from producing fully self-driving vehicles, new cars already incorporate some autonomous features—and the landscape of risk is quickly changing. The most complicated scenarios may arise not with fully automated cars, but with those that incorporate both manual and automated features.
D&O insurance policies protect senior managers against claims brought by third parties who allege that they’ve suffered harm because of actions taken by the company through its officers and directors. As a consequence, insurers believe that it is both logical and necessary to have an Insured v. Insured exclusion built into the D&O policy.
Employee stock ownership plans, or ESOPs are they are often called, are becoming a more and more popular way for companies to offer retirement plans to their employees.
Directors & Officers of public and privately-held companies operate in an extremely complex environment in which their personal assets are at stake if they are sued as a result of their corporate duties.