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Understanding D&O Insurance

Directors and Officers (D&O) insurance is a crucial component for any business, providing liability coverage for company directors and officers to protect them 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. As businesses face increasing regulatory scrutiny and litigious environments, having robust D&O insurance is more important than ever. The coverage typically includes legal fees, settlements, and other costs associated with defending against lawsuits related to their corporate roles.