Directors and Officers Coverage and Defense
Anderson, McPharlin & Conners LLP has significant experience in handling claims, oversighting litigation, and defending suits brought in relation to directors and officers liability policies. The firm has acted primarily on behalf of the insurer, serving as coverage, litigation and/or “monitoring” counsel on scores of suits brought against companies and individuals insured by D&O products.
The firm has defended litigation brought against insurers seeking recovery of defense costs and/or indemnity payments made. The firm handled Big 5 Corp. v. Gulf Underwriters Insurance Company, 136 Fed.Appx. 996 (9th Cir. 2005), an important ruling for the insurance industry with respect to coverage for overtime/wage claims.
The firm as well handled Pan Pacific Retail Properties v. Twin City Fire Insurance Company; et al., 466 F.3d 867 (9th Cir. 2006), in which the court addressed the insurability of “increased consideration” suits brought by shareholders following mergers.
The firm has handled claim practice issues arising from and related to D&O policy claims and litigation.