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Practical Tips for Managing Bank D&O Liability Risk

June 06, 2023 (2 min read)

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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