A review of directors' and officers' liability insurance policy wordings in light of the Statewide Tobacco, National Safety Council, AWA & East End court decisions

Abell, David I (1993) A review of directors' and officers' liability insurance policy wordings in light of the Statewide Tobacco, National Safety Council, AWA & East End court decisions. Coursework Master thesis, Victoria University of Technology.

Abstract

The Statewide Tobacco, National Safety Council & AWA decisions have generated a good deal of comment in business circles and in the media. References have been made in legal and business journals as to the importance of Directors' and Officers' Liability (D & O) insurance when discussing these court decisions. Unfortunately, for the purchasers of this class of insurance there is very little written material as to how to adequately evaluate the different D & 0 insurance policies offered by underwriters. This paper examines the background of this class of insurance and suggests a way of comparing the various policies offered by the insurance market and a number of risk minimisation strategies.

Additional Information

Master of Business (Accounting & Finance)

Item type Thesis (Coursework Master thesis)
URI http://vuir.vu.edu.au/id/eprint/15554
Subjects Historical > Faculty/School/Research Centre/Department > School of Accounting
Current > FOR Classification > 1501 Accounting, Auditing and Accountability
Current > FOR Classification > 1503 Business and Management
Keywords Insurance, Executives' liability, Australia, Executives, liability insurance
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