cheap business insurance

What is a Wrongful Act in a D&O Policy?

Directors and Officers Liability (D&O) insurance is a complex coverage form.  There is no “standardized” policy form in the marketplace – every insurer’s form is different from the next, and two policies from the same insurer can differ greatly with the addition of a variety of endorsements.  That’s why when you purchase D&O coverage you … Read More

cheap business insurance

What is Tail Coverage in a Claims-Made Policy?

There are two predominate classes of policies are written on Claims-Made policy forms which often require a discussion of Tail Coverage: Management Liability (D&O, Employment Practice Liability, Fiduciary, Cyber) and; Professional Liability forms (E&O, Malpractices, Lawyers Professional, Accountants Professionals, etc.) Here’s the basics of Claims-Made & Tail Coverage: For a claim to be covered in a … Read More

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