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What Happens to D&O Coverage if AIG Goes Under?

Bruce Carton | September 16, 2008

I have a question for the 26,000 of you that I have been wrestling with. Obviously the news about AIG the past few days has been pretty bleak. If a huge provider of D&O coverage like AIG was to declare bankruptcy, what would happen to the coverage of the countless directors and officers insured by AIG? And what about ongoing cases where insurance is already paying defense attorneys on an ongoing basis?

Please weigh in below in the comments if you have any thoughts on this.

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