Ex-CEO Wins Advancement, But Fiduciary Counterclaim Survives In Reserve Dispute

( June 17, 2026, 3:04 PM EDT) -- DALLAS — A Texas federal judge granted a former insurance executive partial summary judgment on advancement of defense expenses incurred in opposing counterclaims brought by his former company and alleging manipulation of commercial auto claims reserves, holding that the company’s bylaws unambiguously cover the ex-CEO’s opposition to counterclaims and that his company’s contract defenses did not excuse advancement; the judge separately ruled on the executive’s dismissal motion, allowing the company’s fiduciary duty counterclaim to survive under the fraudulent concealment doctrine while dismissing its contribution counterclaim without prejudice because his former company did not allege that an arbitration panel awarded tort damages....