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Insurance Business | 10 Jan 2013, 12:05 AM Agree 0
A ruling in New Zealand could have profound implications, showing that “policies such as D&O and PI insurance should be able to advance defence costs and protect its insureds”.
  • Ralph Watson - IAA AR | 11 Jan 2013, 09:27 AM Agree 0
    AIG operated in a sound moral way by still paying the defence costs even though a charge was put over the policy to prevent it coming out of the policy funds. AIG should be congratulated for proceeding in this manner. Well done AIG.
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