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Umpqua Bank v. Progressive Casualty Insurance Company
Case Number:
6:10-cv-06423
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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November 17, 2011
Progressive Can't Shake Bank's Ponzi Settlement Claims
An Oregon federal judge on Monday denied Progressive Casualty Insurance Co.'s motion for judgment in a lawsuit over coverage for Umpqua Bank's settlement in underlying litigation over the bank's alleged involvement in a bankrupt company's Ponzi scheme.
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August 11, 2011
Progressive Challenges Ponzi Bank's Settlement Claims
Progressive Casualty Insurance Co. sought Wednesday in Oregon to beat the coverage claims of Umpqua Bank, which had accused the insurer of underfunding a settlement over the bank's alleged involvement in a bankrupt company's Ponzi scheme.