Category: D&O insurance
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Addressing Allegations of Sexual Misconduct Through Insurance
Allegations of sexual misconduct against politicians, celebrities and other public figures have become increasingly common in recent years. In fact, social movements and a strong public outcry have led to a marked increase in sexual harassment claims—claims that can be incredibly damaging for organizations themselves.
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A rise in D&O Insurance, why the need for this often, overlooked coverage?
It is no longer only public companies who have the need for D&O coverage anymore. With the cost and frequency of litigations rising, and the uncertainty of the world, private companies are also facing increased litigation as a result of the actions taken by management. While some claims may be frivolous, the cost to the…