Progressive Sues To Deny Coverage Of Bank's $86M FDIC Suit

By Steven Melendez ( April 20, 2012, 4:07 PM EDT) -- Progressive Casualty Insurance Co. argued in a lawsuit filed Friday that it shouldn't have to cover Silver State Bank in an $86 million suit the Federal Deposit Insurance Corp. brought that alleges the now-defunct bank's former executives negligently approved bad real estate loans....

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