Directors & Officers Insurance

Resolving Problems With Directors and Officers Liability Policies

Business corporations, nonprofits and closely held companies of all kinds usually provide liability insurance coverage for their directors, officers and certain key employees. Unlike a commercial general liability policy, directors and officers (D&O) insurance protects individual board members, executives and managers from liability if they are personally named as defendants in a civil action. Claims covered under D&O policies can arise under a very wide range of circumstances, and often relate to claims against the corporate defendant itself.

If you need legal advice about the scope of protection offered under a directors and officers liability policy, discuss your situation with an experienced insurance law attorney at Callahan & Blaine in Santa Ana. We advise business leaders about their right to defense and indemnification under D&O insurance to minimize the risk of personal liability on such claims as:

  • Shareholder derivative actions
  • Negligent oversight of any aspect of a company's operations, from employment practices to environmental compliance
  • Breach of fiduciary duty
  • Errors in financial reporting that result in a restatement of earnings
  • Sarbanes-Oxley violations
  • Violations of state or federal securities laws
  • Corporate governance disputes within a company
  • Claims arising from failed mergers or sales of the company
  • Criminal or regulatory investigations
  • Employment law claims, from wage and hour violations to discrimination or sexual harassment
  • Unfair competition or antitrust claims

Callahan & Blaine benefits civil litigation clients in two important ways. First, our thorough understanding of California insurance law helps clients realize the full benefit of any available insurance coverage to help meet adverse civil or administrative claims. Second, our experience with advanced litigation and trial techniques provides a major advantage toward the resolution of complex disputes on favorable terms.

Comprehensive Client Service in Orange County and Statewide

For people who need to find out fast about the value of their protection under a D&O policy, our lawyers can review and monitor your insurer's performance at each stage of the litigation from the initial claim through settlement or judgment and beyond. For additional information about our experience with the resolution of disputes concerning director or officer performance and any related insurance issues, contact Callahan & Blaine in Santa Ana.