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Public Liability Insurance  


The Directors and Officers (D's and O's) of publicly traded companies make decisions each day which impact the future of the company. Inevitably, some of those decisions will have unintended adverse impact and to the extent that impact is material, shareholders may sue the company and its D's and O's in an attempt to recoup some of their financial losses.

Those potential claims are insurable through specific coverage which protects the D's and O's as individuals, as well as the company itself and the financial obligations of the company to its D's and O's.

The financial exposure faced by D's and O's has never been greater. With the passage of the Sarbanes-Oxley Act in 2002, the personal exposure faced by those corporate officers increased dramatically, and we have seen associated litigation trends continue to rise. In fact, it is predicted that suits against D's and O's will rise 17% by the end of 2006.

Financial Specialty has the expertise you need to understand the risks your executive group is exposed to and the ability to help you strike a balance between the acceptance and transfer of those risks.

Click on a specific coverage area to the right which you are interested in learning more, or contact us via e-mail or by calling Ben Miner at 214-468-8666.

 


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