Nationwide Sues To Skirt First Citizens Data Theft Coverage

Law360, Chicago (March 7, 2013, 2:37 PM EST) -- Nationwide Mutual Fire Insurance Co. filed suit in South Carolina federal court Wednesday, alleging that it has no duty to defend or indemnify First Citizens Bank and Trust Co. Inc. or a cleaning company against claims that they allowed a janitor to access bank customers' confidential information.

Nationwide alleges that the policies it issued to Imperial Services Group Inc. do not provide any coverage for that cleaning services company, First Citizens Bank, or Imperial Services employee Mary Thomas and her son, Vontrell Canty, who were all...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.