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Climate change and company directors

Filed in archive boards of directors by leon on August 03, 2007

How much protection do directors have if climate change lawsuits come in?

That's an important question raised in this paper, Global Warming - Will There Be Exposures For Directors And Officers And Will It Be Covered? by lawyer Joseph P. Monteleone.

The paper dissects exclusion clauses in D&O insurance and other exposures and the picture is quite disturbing. And as he points out, even if the litigation is without merit, it will generate significant legal expenses.

This paper is a warning to directors to start seeking legal advice links

. At the very least, they should read their policies carefully.

Hat tip to The D&O Diary blog.

Permalink: Climate change and company directors
Tags: climate change directors D&O insurance business climate+change change+company

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Add your response to Climate change and company directors: Response from: How much protection do directors have if climate change lawsuits come in? Not much. And even if the litigation is without merit, it will be very expensive for companies Response from: news.fatpitchfinancials.com How much protection do directors have if climate change lawsuits come in? Not much. And even if the litigation is without merit, it will be very expensive for companies. Response from: BizzBites.com How much protection do directors have if climate change lawsuits come in? Not much. And even if the litigation is without merit, it will be very expensive for companies. Response from: BizzBites.com How much protection do directors have if climate change lawsuits come in? Not much. And even if the litigation is without merit, it will be very expensive for companies.
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Climate change and company directors

Filed in archive boards of directors by leon on August 03, 2007

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