Congressional Probes to Test Tech Firms’ D&O Coverage

Colin Watson was quoted in a Law360 article examining how increased congressional scrutiny of companies and executives could affect directors and officers insurance coverage. Colin emphasized that companies potentially facing congressional inquiries should review their D&O insurance programs to understand which categories of loss are covered and whether that coverage is subject to sublimits.

Colin noted that a comprehensive review can help policyholders identify gaps in investigations coverage that may be addressed during the current policy term or at renewal. He also cautioned that even when a policy provides investigations coverage, a sublimit of $500,000 or $1 million may not be sufficient for the costs associated with an extensive congressional inquiry.