If a single person holds all positions in the LLC, i.e. closely held, that veil is easily pierced as they can say 'you' committed the negligence as the GM of th

If a single person holds all positions in the LLC, i.e. closely held, that veil is easily pierced as they can say 'you' committed the negligence as the GM of the company and the company is just a tax vehicle. In this case, a closely held LLC or S-Corp provides very little liability protection, and his E&O insurance will reflect that.