Re: What an amazing trap - FYI , D&O Insurance !
in response to
by
posted on
Nov 21, 2017 04:26PM
That is the question - if a claim is made will coverage be denied? Most policies exclude coverage for willful misconduct and gross negligence. And, considering the circumstances, and most likely non-disclosure of water sensor company involvement prior to the policy being written, I would still be surprised. If any of you have been involved with claims - insurance companies deny coverage as a matter of business policy.
I still hope we are awarded $30 million and the business takes off.
Skreal