A judge has approved controversial plans by bankrupt Californian utility PG&E to set up a captive for directors’ and officers’ (D&O) cover after it was priced out of the excess management liability market, The Insurance Insider has learned.
A judge has approved controversial plans by bankrupt Californian utility PG&E to set up a captive for directors’ and officers’ (D&O) cover after it was priced out of the excess management liability market, The Insurance Insider has learned.