Friday, July 14, 2017

Insurers for bank used by Ponzi schemer aren't liable for coverage

Insurance companies for a bank used in a $1.2 billion Ponzi scheme are exempted from covering $25 million of the bank's settlement, a federal appeals court has ruled.
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Insurers for bank used by Ponzi schemer aren't liable for coverage was originally posted by ClaimsMate.com Insurance Information Resources

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