Fiduciary Liability–If you don’t hire employees and work with contractors only, this policy is unnecessary because you do not offer benefits. Companies with benefits packages for employees should consider fiduciary liability coverage. Crime Insurance–No company is truly safe from financial crimes, b...
Directors and officers (D&O) liabilityinsuranceis insurance coverage intended to protect individuals from personal losses if they are sued as a result of serving as a director or an officer of a business or other type of organization. It can also cover the legal fees and other costs the organi...
Lars C. Golumbic
“Every board member has a fiduciary duty to the association,” says Peyton. “You really don’t violate it unless you reach into the realm of criminal level conduct. Most other board decisions and actions will be covered by the Business Judgment Rule—if you are stealing from the association...
Qualified Planning: Advisers who want a piece of the retirement market must understand how to manage fiduciary liability.Gardner, Jack