Exclusions

Antitrust exclusion wording and examples

An antitrust exclusion can limit coverage for specified claims involving anti-competitive conduct or violations of competition law. The clauses may identify excluded conduct, laws and affected insuring agreements.

Coverage classification

Form type
Exclusions

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Antitrust exclusion forms compared by Intent, Coverage context, Conditions and limits
FormIntentCoverage contextConditions and limits

Federal Insurance Company

Antitrust Exclusion

PF-60242 (08/26)

Management Liability

Excludes loss in connection with the portion of a claim arising from specified actual or alleged violations.Identifies federal statutes and other laws designed to protect competition.Addresses only the portion of a claim based upon or arising from the specified violations.

Old Republic Insurance Company

Antitrust Exclusion

INV114IAM007 (06/2026)

Investment Advisor Management Liability

Excludes loss for the portion of a claim involving specified actual or alleged antitrust conduct.Applies under entity indemnification and entity liability insuring clauses.Lists price fixing, restraint of trade, monopolization and specified legal violations, including foreign functional equivalents.

Notable clauses

“that portion of any CLAIM based upon, arising from or in consequence of any actual or alleged violation”

Federal Insurance Company · Antitrust Exclusion · PF-60242 (08/26)

Affected claim portion. The exclusion addresses the part of a claim connected to specified alleged violations.

“Insuring Clause B, Entity Indemnification, or Insuring Clause C, Entity Liability”

Old Republic Insurance Company · Antitrust Exclusion · INV114IAM007 (06/2026)

Affected insuring clauses. The form identifies the entity coverage clauses to which the exclusion applies.

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