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Rising Shareholder Demands Drive New Insurance Solutions

Published in Law360
Article | July 18, 2017

Katten Litigation attorneys Anthony Paccione and Jason Vigna co-authored an article with Marsh USA Inc. senior vice president and FINPRO D&O product leader Sarah Katz Downey entitled, "Rising Shareholder Demands Drive New Insurance Solutions" for the July 18 issue of Law360. This article focuses on the increased demand by shareholders to inspect companies' books and records, and the associated costs to produce them. Directors and officers must be prepared to provide much more expansive productions of documents, which can result in a costly, difficult and time-consuming process for companies. However, the cost of responding to these demands may not be covered under traditional public company D&O policies, leaving companies financially exposed. The article describes new insurance products that address that exposure. (Read "Rising Shareholder Demands Drive New Insurance Solutions," July 18, 2017)

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