Insurer Sues Neb. Law Firm Over Boss' 'Fraud'

Law360, New York (September 1, 2009, 1:05 PM EDT) -- An insurance company has filed suit against Nebraska law firm Raynor Rensch & Pfeiffer, saying that it does not owe coverage in suits over an alleged fraud by a principal and a defaulted $1.48 million loan.

The complaint, filed by Carolina Casualty Insurance Co. Friday in the U.S. District Court for the District of Nebraska, asks for a declaratory judgment that a $2 million professional services liability policy does not apply to RRP or firm principal John P. Raynor.

Claims related to fraud and a loan...
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