Deacon calls for new D&O package after changes to the law
Legislation on the responsibilities of directors and officers will expose voluntary directors of re...
Legislation on the responsibilities of directors and officers willexpose voluntary directors of residents' management companies on public
liability issues, according to Deacon Insurance Services.
The broker believes a new insurance product is now necessary, after
changes in the law relating to directors' knowledge and skills. Recent
claims against directors and officers have included a resident suing
because the management company did not repair loose slabs, subsequently
thrown through the
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