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- Title
D&O Queries Common From Boards: Survey.
- Abstract
The article presents a survey regarding company directors and officers' liability insurance. When members of boards of directors have their personal assets tied to the companies they represent, they seek higher rates of insurance. The Tillinghast Business of Towers Perrin has conducted a directors and officers' liability 2005 Survey on Claims and Insurance Purchasing Trends. The results showed that directors treat liability as a principal issue. Public companies' board members seek insurance at the highest rates, followed by private and nonprofit companies.
- Subjects
LIABILITY insurance; BOARDS of directors; SURVEYS; CORPORATE directors; CORPORATE governance; LEGAL liability; EMPLOYERS' liability insurance; ECONOMIC trends; INSURANCE policies; EXECUTIVES' conduct of life
- Publication
Financial Executive, 2006, Vol 22, Issue 3, p11
- ISSN
0895-4186
- Publication type
Article