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Paraco Gas Corporation v. Travelers Casualty and Surety Company of America
Case Number:
7:12-cv-05562
Court:
Nature of Suit:
Judge:
Firms
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March 01, 2016
Travelers Kept Mum On D&O Exclusion, Court Told
Paraco Gas Corp. on Monday slammed Travelers' bid to shed a lawsuit claiming the insurer and a broker misrepresented a directors and officers policy that did not cover an ongoing shareholder suit over allegedly bogus bonuses, saying the record showed Travelers acted fraudulently.
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February 26, 2016
Travelers, Broker Want Out Of Paraco's Fraud Suit
Travelers and insurance broker Carnall Insurance LLPC asked a New York federal court Friday to dismiss them from a lawsuit claiming their misrepresentations caused Paraco Gas Corp. to obtain a directors and officers policy that didn't provide coverage for an ongoing shareholder suit over allegedly bogus bonuses.
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July 24, 2012
Paraco Sues Travelers To Cover Shareholder Suit Losses
Travelers Casualty and Surety Co. of America is facing a lawsuit alleging it wrongfully denied Paraco Gas Corp. claims for coverage under its directors and officers insurance policy for an ongoing shareholder suit over allegedly bogus bonuses, according to a complaint removed to New York federal court Monday.