As a board member you can be held liable for your decisions and actions. Directors & Officers insurance provides coverage for management decisions for both privately held and non-profit organizations. A Directors & Officers policy can provide coverage for multiple exposures, including the following

• Excessive compensation arrangements and insufficient reports of compensation committees.
• Corporate acquisitions that would result in a loss of corporate assets.
• Allegations regarding possible libel or slander.
• Inefficient management resulting in losses.
• Neglecting to qualify corporation in other states where it does business.
• Selling or transferring corporate assets for inadequate consideration.
• Paying dividends that may be either inadequate or excessive.

We can also combine Directors & Officers with Employment Practices Liability and Fiduciary Liability. Feel free to reach out with any questions.

We are excited to attend the 21^st annual national meeting of The Independent Physician Association of America next month in San Antonio. We look forward to meeting some new friends and visiting with clients that we’ve known for years as we support their association. Stop by and see us at our booth in the exhibit hall March 3^rd-5^th!