Insurer Says Law Firm Lied About Fraud Case

Law360, New York (February 22, 2011, 4:01 PM EST) -- Greenwich Insurance Co. accused Bacino & Associates LLC last week of concealing criminal fraud charges in its insurance application, seeking to avoid covering the shuttered law firm in a California negligence action related to $8.5 million in real estate loans.

Greenwich filed suit Thursday in the U.S. District Court for the District of Columbia to rescind its professional liability policy and escape defending or indemnifying the firm in a negligence suit filed in the Superior Court of the State of California, County of San Diego that...
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