Definitions

 
  • Allocation

    November 30, 2018 | Discussion

    For purposes of D&O insurance, the term “allocation” refers to the process of determining the amount of defense costs, settlements or judgments…

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  • Claim, Related Claims, and Potential Claim

    July 31, 2017 | Discussion

    Claim, Related Claims, and Potential Claim   July 19, 2017   Almost all D&O insurance policies contain a definition of claim. Often when…

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  • Loss

    April 29, 2016 | Discussion

    Loss   April 29, 2016   Definition of "Loss"   The term "loss" (or sometimes "ultimate net loss") is almost always defined in D&O…

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  • Definitions

    November 02, 2010 | Discussion

    Definitions November 2, 2010 Most D&O policy forms contain a definitions section where words and terms with special meaning are defined. When these…

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  • Wrongful Act

    June 26, 2008 | Discussion

    Wrongful Act February 2008 A common misconception about D&O liability insurance is that the term wrongful act is always broadly defined and that…

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