Directors and Officers Liability
Directors and officers of corporations are being sued for their managerial decisions and other wrongful acts with even more frequency. In addition, individualsoften assert claims against corporations alleging wrongful acts causing damages. For these reasons, insurance coverage for management liability is becoming one of the most vital insurance purchases for a business.
Barnes & Thornburg attorneys are at the forefront of directors and officers liability (D&O) coverage issues arising from alleged corporate mismanagement, securities-related claims, government investigations, False Claims Act allegations, business disputes, and other alleged corporate misconduct. We also represent privately held organizations in disputes with their carriers over the scope of entity coverage in D&O policies.
Our attorneys have a long history of helping clients secure millions in insurance coverage for defense costs and settlements in noteworthy litigation wins, successful arbitrations, and favorable mediation outcomes. We also work with insurance carriers to provide coverage for claims without filing for litigation or demanding mediation.
We assist businesses with avoiding coverage disputes altogether by providing strategic counseling in nearly all stages of policy procurement and the claim submission and adjustment process. We use our deep experience and understanding of the insurance industry and our clients’ businesses to assess risk, identify gaps in coverage, and recommend areas to request improvement that will maximize coverage.
Our singular focus is to protect our clients’ interests and their bottom line.