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Directors and officers liability insurance (also written directors' and officers' liability insurance; [1] often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for ...
In 2013, US businesses spent USD 84 billion on commercial liability covers, of which USD 50 billion was on general liability, including USD 12 billion for Errors and Omissions (E&O) and USD 5.4 billion for Directors and Officers (D&O). US businesses spent another USD 13 billion on the liability portion of commercial multi-peril policies, USD 9. ...
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
Alcohol-related deaths on the rise in South Carolina. South Carolina law requires businesses with an alcohol license that sell alcohol after 5 p.m. to maintain liquor liability insurance of at ...
The cost of small business insurance depends on several factors, including your company's location, size and industry. BOP coverage, which bundles common insurance types onto one simple policy ...
Over the past decade, the U.S. has experienced a record $1.1 trillion in damage from severe weather, the most on record, which has contributed to higher insurance costs, the study claimed.
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