Understanding D&O Exposures

Overview

Understanding the legal liability exposures faced by directors and officers can be daunting. This course addresses the common law and statutory exposures, the situations that can give rise to claims, the legal defenses available when a claim is made, and methods of preventing and controlling claims against corporate directors and officers.

Find this course for your license

License or Certification

Regulator

Objectives

Identify the three key common law duties that directors and officers owe to corporations and the major sources of securities class action claims against directors and officers
IdIentify reasons behind the four major underwriting factors considered by insurers in underwriting and pricing D&O coverage
Identify appropriate methods of controlling D&O losses that pertain to corporate governance, given relevant information
Identify the distinctive features of private companies and nonprofit organizations and recognize the types of claims commonly made against these organizations

Designed For:

Property and casualty insurance agents, risk, safety, and finance professionals

WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Course Information

Adding additional credit may change exam requirements.

Advanced Preparation:

None

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