James Sullivan and Matt Chiricosta Co-Author an Article on the Importance of Directors & Officers Liability Insurance to Private Companies

James Sullivan, Partner with Calfee's Insurance Recovery and Insurance Coverage practices, and Matt Chiricosta, Associate with Calfee's Insurance Recovery practice, co-authored an article for the February 2020 Cleveland Metropolitan Bar Association Bar Journal titled, "Get What You (Hopefully) Paid For: The Misnomer of 'Directors & Officers' Liability Insurance."

The article discusses how privately held companies can benefit from Directors & Officers Liability Insurance, despite the name suggesting otherwise. These businesses should think of liability insurance as business litigation insurance, which better encompasses its value.

Read the full article on pages 34-35.