A pending and prior litigation date is an important aspect of a policy that is often overlooked. It not only represents an organisation’s loyalty to an insurer over time, but may also allow coverage for certain claims that would otherwise be excluded. If unintentionally neglected, however, management are likely to be exposed to significant uninsured risk.
In this article, we will explore the concept of a pending and prior litigation date within the context of the following coverages:
- Directors and officers liability insurance
- Employment practices liability insurance
- Management liability insurance
- D&O insurance for nonprofits
You may also find that similar concepts apply to a broad range of financial lines insurances, such as professional indemnity insurance, cyber insurance, and even crime insurance to a certain extent. Keep in mind, however, that each policy is strictly interpreted according to its own terms and conditions.
1 Pending and prior litigation date: A definition
2 Its relationship to a claims made policy
3 Why any circumstance should also be notified
4 The nature of prior acts coverage
5 Excluding prior acts with a retroactive date
6 The purpose of a pending and prior litigation date
7 Pending and prior litigation date vs continuity date: What is the difference?
8 Pending and prior litigation date: An example
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