Practical Tips for Managing Bank D&O Liability Risk

The Federal Deposit Insurance Corporation (FDIC) and other bank regulatory agencies have statutory authority to take enforcement action against banks and individuals for losses incurred at a financial institution due to alleged violations of law, negligence, and breach of fiduciary duty. Directors and Officers (D&O) exposed to liability risks due to the heavily regulated banking environment may mitigate this risk and gain added protections against personal loss through D&O insurance. Access this Law360 article for practical risk management tips to mitigate liability risk through D&O insurance.

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