Nuts & Bolts: American International Group Inc. (AIG) has unveiled Independent Directors Liability Insurance, a stand-alone policy designed to protect the personal assets of independent directors in case corporate wrongdoing prevents them from being covered by traditional directors-and-officers liability insurance. IDL Premier provides non-rescindable coverage for independent directors only. Limits of liability are not shared with inside directors and officers or the corporate entity.
Dollars: Limits of liability available up to $25 million.
Carrier: AIG.
Contact: managementliability@aig.com
Was this article valuable?
Here are more articles you may enjoy.
Tesla Premiums Soared in 2025 With Loss Ratios Worse Than Industry 
Florida Governor Signs Bill Dropping Building Permits for Work Valued at $7,500 or Less 
US Efforts to End Iran War Stumble as Ship Seized Near UAE 
Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower From This Issue
