LexisNexis® Legal Newsroom
D&O Insurance: Bank Directors' Notice of FDIC Failed Bank Suit Held Timely

By Kevin M. LaCroix, Esq., Executive Vice President, OakBridge Insurance Services On February 5, 2013, in a detailed opinion exploring the nuances of a D&O policy's extended reporting period provisions, Western District of North Carolina Judge Henry Herlong Jr. determined that the directors...