What Does Wrongful Acts Liability Coverage in an D&O Policy Focuses on?
In a Directors and Officers insurance policy, wrongful acts liability insurance concentrates on the following wrongful acts (this is not an exhaustive list):
> Breach of duty
> Negligence
> Errors in judgement
> Misstatements and misleading statements
> Acts or omissions leading to harm or loss
> Conflicts of interest
> Workplace harassment and wrongful dismissal (depending on the wording of an existing EPL policy)
> Acting contrary to the organization’s policies and procedures