When a company is purchased by another company, the acquired company and its directors and officers become insureds under the acquiring company’s D&O policy for claims made after the acquisition based on wrongful acts occurring after the close of the acquisition.
Every fall, we assemble a list of the current hot topics in the world of Directors and Officers (D&O) liability insurance. As expected, there is much going on in the world of D&O, with further changes just over the horizon. The year ahead could be very interesting and eventful.