XL Bermuda boosts D&O risks covered
XL Insurance (Bermuda) has boosted it D&O cover to pay for independent directors’ defence costs in the US under Sarbanes-Oxley and Dodd-Frank and the UK Bribery Act.
The policy covers Sarbanes-Oxley Section 304 and Dodd-Frank Section 954, if financial statements issued by their company are determined to have been materially inaccurate.
It also covers fines for
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