Does your policy cover bribery?

The article focuses on the lack of coverage for the financial impact of a foreign bribery or corruption investigation in the directors and officers (D&O) liability insurance of middle-market companies. The common features of a D&O policy are coverage for costs arising from formal proceedings and investigations and derivative civil lawsuits. The article notes that the bulk of costs associated with enforcement actions and investigations is not covered by a comprehensive D&O policy.