Focus (Forum & Focus)
Aug. 18, 2007
Covering Officers
Focus Column - By Donald R. Erlandson and David W. Steuber - Insurance companies are attempting a sleight of hand that would keep them from covering the expenses of defrocked corporate executives.
By Donald R. Erlandson and David W. Steuber
Enron. WorldCom. Adelphia. The list of recent litigation resulting from corporate governance disasters seems endless - and growing. With all that litigation, the corresponding risks to corporate directors and officers have escalated, requiring the development and marketing of expanded insurance products to protect those individuals and their assets. One product designed ...
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