Director and Officers Liability Insurance (Board Insurance)
Directors and officers insurance (D&O) covers your School Board’s defense costs and damages if they are named in lawsuits resulting directly from their decisions.
What’s typically covered
Directors and officers insurance protects your School Board with coverage for monetary judgments and settlements stemming from negligence or breach of duty, loyalty or care to the school. It also guards your School Board against costly civil, criminal, judicial, administrative, regulatory, or arbitration proceedings. Lastly, Directors and officers insurance protects your School Board if they are held liable for breach of fiduciary duty, failure to exercise reasonable care and employment-related suits that allege harassment, discrimination or wrongful termination.