Insurance
Jun. 17, 2006
Carrier's Rescission Does Not Excuse Defense Duty
Focus Column - By Kirk Pasich - In recent years, a substantial number of lawsuits have been filed against the directors and officers of corporations based on alleged irregularities in financial reporting and financial statements.
By Kirk Pasich
In recent years, a substantial number of lawsuits have been filed against the directors and officers of corporations based on alleged irregularities in financial reporting and financial statements. Companies and their directors and officers have turned to their directors and officers' liability insurance carriers as defenders in these lawsuits.
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