Regulatory agency exclusion

Term · Insurance and risk management · MLC-T-INS-002836

A provision within a directors and officers (D&O) liability policy that removes coverage for claims brought by governmental or regulatory bodies. This exclusion applies when an agency, such as the Securities and Exchange Commission (SEC) or a state insurance department, initiates an action against the insured entity or its executives. It aims to prevent the policy from covering fines or penalties imposed by these authorities.

Table 1. Record
Identifier	MLC-T-INS-002836
Field	Insurance and risk management
Subject	Management Liability

Record as JSON

{
  "id": "MLC-T-INS-002836",
  "term": "Regulatory agency exclusion",
  "field": "Insurance and risk management",
  "definition": "A provision within a directors and officers (D&O) liability policy that removes coverage for claims brought by governmental or regulatory bodies. This exclusion applies when an agency, such as the Securities and Exchange Commission (SEC) or a state insurance department, initiates an action against the insured entity or its executives. It aims to prevent the policy from covering fines or penalties imposed by these authorities.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/regulatory-agency-exclusion/"
}

Record 2,898 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.