Corporate Malfeasance

This is more of an issue than it is an insurance matter. When owners and executives in a business knowingly make ‘bad’ decisions for the business and the business suffers along with others involved in the business, such is a problematic insurance situation. In most cases no matter what kind of coverage you have, there is no coverage for this sort of thing. However, a directors and officers insurance policy could provide some defense costs perhaps. Just keep in mind that just because you have insurance doesn’t mean ‘everything is fully covered.’