Craig Hirsch represents companies, directors, and officers in coverage litigation and claims disputes with their insurance companies involving multimillion dollar financial lines and third-party liability policies. Since 2004, his claims advocacy work for D&O policyholders has produced significant insurance recoveries for economic losses resulting from underlying securities class actions, shareholder derivative lawsuits, regulatory investigations, and adversary proceedings in bankruptcy and out-of-court restructurings. Craig's practice focuses on recovery efforts targeting D&O, private equity, and asset management insurance policies and the analysis of D&O coverage programs insuring publicly traded and privately held organizations. Craig also has substantial multi-insurer, multi-claimant coverage litigation experience arising from commercial general liability policies for "long tail" toxic tort lawsuits alleging nine-figure bodily injury and property damage losses.
Beyond his litigation practice, Craig routinely advises clients' board of directors, chief financial officer, general counsel, or risk manager on complex coverage issues stemming from D&O, E&O, cyber risks, employment practices liability, fiduciary liability, and financial institution bond (crime) policies and competing interpretations of policy language under the law of various American jurisdictions. Representative clients include Fortune 500 companies, information technology providers, social media platforms, manufacturers, "unicorn" start-ups, large investment and venture capital funds, regional banks, foreign entities, and government and municipal entities.
Craig writes and speaks frequently on financial lines coverage issues. He is consistently recognized by Southern California Super Lawyers as a "Rising Star." The 2020 edition of The Legal 500 United States ranked him as a "Next Generation Partner" for insurance advice to policyholders.
- January 2021
Insurance Coverage: What Your Company Needs to Know About Emerging Legal Issues for COVID-19 Risks, Jones Day MCLE University
- January 2018
Bad Faith Claims When Verdicts Exceed Policy Limits: Navigating Nuances of the Insurer’s Duty to Settle, Strafford Publications Webinar
- January 2017
Maximizing D&O Insurance Coverage: The Evolving Needs from Start-Up to Publicly Traded Company
- January 24, 2013
The Ethical Use of Social Media and Issues Relating to BYOD Programs, Jones Day MCLE University
- Brooklyn Law School (J.D. 2004; Dean's List; Notes and Comments Editor, Brooklyn Law Review); State University of New York at Stony Brook (B.A. in English cum laude 1999; Phi Beta Kappa; Dean's List)
- California, New York, and U.S. District Courts for the Central District of California and the Southern and Eastern Districts of New York
- Legal intern, Environmental Protection Agency, Office of Regional Counsel for Region II, New York, New York (May-August 2002)