Most organizations have a general liability policy that protects members of a company against negligent acts that result in property damage or bodily injury. However, general liability does not protect against accusations of wrongful acts or omissions, such as breaches of duty. To protect members of the company against such accusations, Directors and Officers Liability Insurance was created. While it gets its name for the two most-targeted members of a corporation for personal lawsuits, the coverage of this policy extends to other people in the organization as well. [Read more…]