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May 22, 2012 in User Contributed
Directors and Officers Liability Hoop Dispute
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Directors and Officers Liability for Community Associations covers a wide variety of claims. No organization is immune from being the target of a lawsuit and the average defense costs for non-profit organizations are in excess of $100,000. Directors and Officers Liability insurance protects directors and officers as well as the community association from damages (awards and settlements) and defense costs resulting from allegations of wrongful conduct and lawsuits.
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