Insurers for Executives Brace for Steep Claims Under Trump’s SEC

President-elect Donald Trump’s pick to police Wall Street and corporate America is poised to focus on enforcement actions against individual executives and to roll back Biden-era regulations, sparking more private litigation against companies and their leadership—and, often, leaving insurers on the hook.

“It’s potentially just open season on government regulation,” said Bradley Dlatt, a Perkins Coie attorney who represents corporate policyholders. He pointed to Trump’s promised deregulatory agenda under SEC pick Paul Atkins, as well as the US Supreme Court’s June decision in Loper Bright Enterprises v. Raimondo limiting the power of federal agencies to defend some rules in court. ...