Description

Understanding the legal liability exposures faced by directors and officers can be daunting. This course addresses the common law and statutory exposures, the situations that can give rise to claims, the legal defenses available when a claim is made, and methods of preventing and controlling claims against corporate directors and officers. Learning Objectives Upon completion, students will be able to: •identify the three key common law duties that directors and officers owe to corporations and the major sources of securities class action claims against directors and officers •identify reasons behind the four major underwriting factors considered by insurers in underwriting and pricing D&O coverage •identify appropriate methods of controlling D&O losses that pertain to corporate governance, given relevant information •identify the distinctive features of private companies and nonprofit organizations and recognize the types of claims commonly made against these organizations Designed For Property and casualty risk, safety, insurance, and finance professionals