An article written by H. Marc Tepper — a shareholder and vice chair of the Insurance and Reinsurance Group at Buchanan Ingersoll & Rooney's Philadelphia office — was posted to Law360's website on May 13, 2009. In the article, titled "Insurance Considerations For D&O Liability in 2009," Tepper discussed directors and officers insurance (D&O insurance) and how in the wake of the mortgage and financial crisis of 2008, it has become both increasingly necessary and attainable.

Tepper's article addressed the following issues relating to D&O insurance:

  • Purpose of D&O insurance and duties of directors and officers.
  • What type of D&O coverage is right?
  • Emerging issues in the D&O insurance market.
  • No coverage for restitutionary or disgorgement damages.
  • Other "losses" generally uninsured under D&O policies.
  • Excess insurance coverage.