Archive - Oct 21, 2007

Is Directors’ and Officers’ Liability Insurance Coming to Second Life?

In recent days, there has been a lot of activity as investors in Second Life corporations attempt to recover assets from failed companies and their owners. The actions, as well as discussions surrounding these actions raise the question of whether Directors’ and Officers’ Liability Insurance might be coming to Second Life.

Many people view Second Life as a three dimensional gaming environment. Others, recognizing the value of the immersive environment look to set up advertising in Second Life or to use it as a fancy new way to hold online conferences. Yet many overlook the importance of the Second Life currency and the evolution of financial markets in Second Life.

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