Subprime Suits Blur D&O Outlook

Posted by Plus Master at 10:04 AM
 

The subprime-mortgage mess will likely tighten the coverage and cost of the insurance policies that cover executives, corporations, and corporate boards for losses and legal fees in securities lawsuits, an attorney predicts.

Indeed, directors' and officers' liability insurance coverage could cost more and be harder to get as the number of subprime-related lawsuits wend their way through the federal courts, according to Koorosh Talieh, a lawyer who represents corporate D&O insurance policyholders.

Read the full article here on CFO.Com.

 

POSTED IN Directors and Officers Subprime Fallout

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