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February 14, 2011 |
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D&O Insurers Getting Notices For FDIC Claims |
By Susanne Sclafane |
The Federal Deposit Insurance Corporation has slowly started filing lawsuits against directors and officers of failed banks, but suits—and corresponding insurance claims—are likely to mushroom, according to banking and D&O liability insurance experts. In fact, according to one former banking regulator, the existence of D&O insurance is the starting point for FDIC officials when they evaluate whether…Read more |
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