The ALRC carries directors’ and officers’ liability insurance. Details are as follows:
- Professor Rosalind Croucher—President
- Professor Terry Flew—Commissioner
Nature of liability
Damages arising as a consequence of a wrongful act of a director, including an error by omission or commission; a misstatement or misleading statement; or negligent breach of duty.
The ALRC has not indemnified or agreed to indemnify any current or former officer against a liability other than by coverage under the directors’ and officers’ liability insurance.