St. Paul Seeks Win In Whistleblower Coverage Fight

Law360, New York (May 17, 2011, 7:04 PM EDT) -- St. Paul Mercury Insurance Co. asked a Missouri federal court on Monday for summary judgment in First Bancshares Inc.'s coverage action over a lawsuit filed by an alleged whistleblower who claims the banking company wrongfully terminated her.

St. Paul said its policy with First Bancshares and its savings and loan subsidiary First Home Savings Bank doesn't cover the underlying suit because of a provision in a July 2007 insurance application that bars coverage in the case of facts or circumstances that the insureds knew, before the...
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