from Corporate Board Member
with Bingham McCutchen LLP and Valiant Insurance Group
Threats of potential litigation, global business expansion, economic uncertainty, and vocal criticism of executive compensation—all these hot-button issues make the arduous task of risk management even more stressful for boards of directors today. Add to the mix the possibility of increased exposure on a personal level, and many directors are feeling the pressure to examine their D&O policies to make sure they provide broad coverage for potential liability.
Read 2009 Boardroom Liabilities.