Does D&O insurance cover defamation?

Defamation is making a false statement that harms the reputation of another person or business, and comes in two forms – libel and slander.

• Slander occurs when someone makes a false defamatory statement verbally.
• Libel occurs when someone makes a false defamatory statement in writing.

These damaging statements can’t simply be someone’s opinion. 

D&O liability insurance policies covers employee related humiliation and defamation if an employee makes a claim against a director involving actual or alleged act surrounding defamation.