The Madoff Fraud will impact insurance policies for directors of financial institutions.

Madoff Scandal to Cost Insurers $1.8 Billion, Aon Benfield Say
Madoff Scandal to Cost Insurers $1.8 Billion, Aon Benfield Says 16 January, 2009 01:50:00 compnewsnetwork Chicago, IL (CompNewsNetwork) – While the maximum potential exposed insurance limits resul
The Bernard Madoff scandal will raise the cost of insurance for directors or financial advisers facing lawsuits
The Bernard Madoff scandal will raise the cost of insurance for directors or financial advisers facing lawsuits, underwriters have warned. By Yvette Essen, Insurance Correspondent Last Updated: