Claim Scenarios


Claim Scenarios

CDCs face a wide range of unique exposures. Your board of directors is critical to your organization’s operation and finances. Accusations of misconduct, abuse of funds, wrongful termination, and employee discrimination can put the personal assets of your directors and officers at risk.

CDC claims may be based on the following:

  • Wrongful termination, failure to promote, discrimination
  • Mischaracterization of an interest rate
  • Allegations of delays in processing/closing the loan
  • Breach of the truth in Lending Act
  • Discrimination arising from the denial of loan
  • Personal injury
  • Defamation
  • Failure to safeguard personal and confidential information