Deep Dive into D&O Coverage: A Q&A with Kevin LaCroix

Governing Health

The amount and cost of D&O coverage is a matter of basic concern to the healthcare director. There is a direct link to the commitment with which the board and individual directors approach their fiduciary duties, and the scope and effectiveness of D&O coverage. This episode of the Governing Health podcast features special, real-world questions from healthcare chief legal officers for D&O expert, attorney, and Executive Vice President of R-T Specialty, LLC Kevin LaCroix. Kevin and Michael talk us through: > The increasing cost of D&O coverage during the current “hard market” > The relationship between effective governance and mitigation of D&O costs > The D&O benefits of thoughtful post-pandemic return-to-work protocols > Coverage issues relating to the definition of “claim” and the impact of a conduct exclusion > The importance of maintaining corporate formalities at the board level > D&O coverage issues arising from cybersecurity breaches > Impact on D&O coverage from claims arising from inferior PPE offerings during the pandemic > Privacy issues as a major looming D&O coverage concern