Extraditions prompt D&O coverage review.(World)(Directors and Officers ) From: Business Insurance | Date: July 17, 2006| Author: ALDRED, CAROLYN | COPYRIGHT 2006 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Byline: CAROLYN ALDRED

The high-profile extradition of three British bankers to the United States to face fraud charges has caused companies to review their directors and officers insurance and to seek assurances that they would be covered if their own executives faced extradition, observers say.

Defense costs related to extradition are covered under D&O policies, market sources say, but some insurers are clarifying policy language to make the coverage explici...