Unlocking the Mysteries of Directors & Officers Insurance for Libraries, Museums and Other Cultural Organizations
Friday, November 22, 2024
10:00 am – 11:30 am
online via Zoom
Attendees: Please download the D&O Learning Checklist (.pdf) to review during the webinar.
DESCRIPTION: Libraries, museums, and other cultural organizations face many of the usual legal risks of conducting business: employment-related claims, defamation and other “personal injury” claims, and claims related to actions taken by corporate officers (both directors, and trustees). They also face unique risks related to their missions to serve the public.
Because of these legal risks, trustees and directors know that having “D&O Insurance” is important, but what does it cover…and just as importantly, what DOESN’T is cover?
Join ESLN for the ninety-minute presentation on evaluating Director’s and Officers Insurance. Attendees will review:
- What “D&O” typically covers;
- How to inventory your institutions unique needs for D&O;
- How to request quotes for coverage;
- How a board can use a routine cycle of evaluating and arranging D&O.
Written materials will include a grid to assist with evaluation of policies.
Attendance will count towards mandated library trustee training.
This meeting will be recorded; please register to receive the link via email.
About the presenter: Stephanie “Cole” Adams is the attorney for the regional library councils’ “Ask the Lawyer” service. She evaluates and addresses questions about insurance coverage as part of her firms work for libraries, small businesses, and cultural institutions.