At the New York office of the policyholder-side firm Anderson Kill, insurance attorneys and brokers highlighted some top coverage considerations in disputes over erroneous financial results, sized up the overall D&O market, and hit on top D&O suits and trends.

Here, Law360 breaks down some of the notable moments of the conference, which included a discussion of how D&O issues could crop up in securities disputes, the incidence of D&O issues being driven by newsworthy events, and some top litigation...

Raymond A. Mascia Jr. of Anderson Kill said he's heard arguments that the demands aren't claims because they're not for wrongful acts. But he said he's never understood that, because the demands are accompanied by the prospect of a wrongful act.

"It's kind of a moot point though, because most D&O policyholders can get coverage by including the cost for responding to a 220 demand in the definition of defense costs," said Mascia. "Or you can get an extension that provides coverage for those types of costs."

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