Insurance water escape director making false statement to broker

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    Insurance water escape director making false statement to broker

    Hi All, I hope you are all well! Just a quick question and my apologies if this is in the wrong section....happy to move it if admin thinks best? Our directors are leaving out one of the other directors, out of the loop as regards information and it has come to light that one director has written a false and misleading statement to an insurance broker in an attempt to stop a water claim. Is this a breach of fiduciary duty and how best to deal with the situation?

    #2
    What was said that is false? What was the water claim?

    It is fairly self evident that lying is a "breach of fiduciary duty" but we cannot tell whether that is the case.

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