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The financial institutions insurance solutions offered by Alliant cover a wide range of liability exposures.
Insight

2025 Financial Lines Executive Liability Newsletter 

By Alliant

Navigating today’s complex risk environment can be a monumental task. Steve Shappell, Alliant Claims & Legal, spearheads Executive Liability Insights, a monthly review of news, legal developments and information on executive liability, cyber risk, employment practices liability, class action trends and more.

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In this issue:

  • AS THE US REDUCES REGULATION ON FOREIGN CORRUPT PRACTICES, THE UK IS INCREASING SUCH REGULATION
  • COURT APPLIES BUSINESS JUDGMENT RULE TO REINCORPORATION ABSENT PENDING LIGATION
  • INSURER ABSOLVED FROM DEFENDING BREACH OF FIDUCIARY DUTY ALLEGATIONS BASED ON PRIOR NOTICE EXCLUSION
  • SUBLIMIT ACTS AS AN EXCLUSION TO COVERAGE
  • THE FTC AND CONSUMERS DECLARE WAR ON DATA COLLECTORS: INSURANCE IMPLICATIONS ARE LIKELY TO FOLLOW

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In this issue:

  • D&O POLICY’S RELATED WRONGFUL ACTS EXCLUSION BARS COVERAGE
  • FIFTH CIRCUIT’S DECISIONS MAY FURTHER DERAIL ESG INVESTING EFFORTS
  • DELAWARE COURT APPLIES NEW YORK LAW TO A COVERAGE DISPUTE ABOUT RELATEDNESS
  • NORTH CAROLINA SUPREME COURT FINDS PROPERTY INSURANCE POLICY COVERS LOSS OF PROPERTY USE DUE TO COVID RESTRICTIONS
  • NARROW INTERPRETATION OF WRONGFUL ACT DEFINITION IN PROFESSIONAL LIABILITY POLICY PRECLUDES COVERAGE FOR PROPERTY MANAGEMENT FIRM
  • DELAWARE SUPERIOR COURT RULES “BUMP-UP PROVISION” DOES NOT APPLY TO BAR COVERAGE FOR SETTLEMENT OF SHAREHOLDER CLASS ACTION

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Alliant note and disclaimer: This document is designed to provide general information and guidance. Please note that prior to implementation your legal counsel should review all details or policy information. Alliant Insurance Services does not provide legal advice or legal opinions. If a legal opinion is needed, please seek the services of your own legal advisor or ask Alliant Insurance Services for a referral. This document is provided on an “as is” basis without any warranty of any kind. Alliant Insurance Services disclaims any liability for any loss or damage from reliance on this document.