If you are the officer, owner or director who makes the decisions about your company’s employee benefit plans, your personal assets may be at stake without the protection of fiduciary and employee benefits coverage.
Every corporation relies on the guidance of its board of directors for success. Although lawsuits against larger, publicly traded companies receive the lion’s share of media attention, privately held corporations are also vulnerable to lawsuits by competitors, government agencies, creditors and employees. You can protect your hard-earned success by purchasing directors and officers (D&O) coverage for your company.
Despite challenges caused by the aftermath of COVID-related shutdowns and labor shortages, resilient contractors are gearing up to pursue new projects. Those pursuing public works projects or other bonded work will want to ask yourself: where do I stand with my surety?
