MLIS Core

Understanding D&O Exposures

Course Details

price
$99.00
This course is not subject to discount pricing.

Additional Credit Available:

Add Insurance CE
Add CPA CPE

Delivery Method: 

Self-Study

PDF Download: 

Available

Provider of Record: 

WebCE

Field of Study: 

Specialized Knowledge

Last Reviewed: 

January 2021

Study Level: 

Intermediate

Prerequisites: 

None

Exam Requirements

Proctor Required: 

No

Passing Grade: 

70%

Questions: 

50

Retakes: 

Unlimited

Please note: Adding Additional Credit may change exam requirements.

Overview

Understanding the legal liability exposures faced by directors and officers can be daunting. This course addresses the common law and statutory exposures, the situations that can give rise to claims, the legal defenses available when a claim is made, and methods of preventing and controlling claims against corporate directors and officers. 

Learning Objectives

Upon completion, students will be able to:

  • identify the three key common law duties that directors and officers owe to corporations and the major sources of securities class action claims against directors and officers
  • identify reasons behind the four major underwriting factors considered by insurers in underwriting and pricing D&O coverage
  • identify appropriate methods of controlling D&O losses that pertain to corporate governance, given relevant information
  • identify the distinctive features of private companies and nonprofit organizations and recognize the types of claims commonly made against these organizations

Designed For

Property and casualty insurance agents and brokers 

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.
WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.