Court of Appeals for the Ninth Circuit May 20, 1994, 92-16750 (Fed. Sec. L. Rep. P 98,222 William M. McCormick v. The Fund American Companies, Inc., a Delaware Corporation)

Opinion by Judge FLETCHER.

FLETCHER, Circuit Judge:

Plaintiff William M. McCormick appeals the dismissal of his claims on summary judgment. Between 1983 and 1989, McCormick was CEO of the Fireman’s Fund Insurance Company (FFIC), a wholly-owned subsidiary of defendant Fund American Companies (FAC).