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Does your Media E&O Policy Cover Defense Costs?

Media E&O

Community paper published story about individual who was accused of embezzlement by auto dealership. Individual sued paper claiming that paper provided false and misleading information regarding dealership’s lawsuit. Individual claimed defamation, false light, invasion of privacy and intentional infliction of emotional distress. Claim settled without any indemnity payment but had legal defense cost of over $700,000. 

Does your Media E&O policy cover defense costs in addition to the policy limit?  Media Professional Liability is a special policy, be sure to contact an agent with a Media Insurance background.

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