November 25, 2013

In this article, Jenner & Block Partner Brian S. Scarbrough and Associate Daniel A. Johnson examine the Federal Deposit Insurance Corporation’s  recent advisory to regulated financial institutions that they should be “wary” of an increase in exclusionary terms or provisions in insurance policies covering directors and officers liability.  Observing that the FDIC’s caution is “good advice to follow for all corporations and their boards of directors,” the authors summarize and expand on the guidance.