April 04, 2013
A California federal judge on Wednesday freed Federal Insurance Co. from a $20 million suit brought by bankrupt wholesale lender Fremont Investment and Loan's successor seeking to cover losses from a mortgage fraud scheme.
December 20, 2011
A California federal judge on Tuesday tentatively ruled that Signature Group Holdings Inc. isn't entitled to payouts from Continental Insurance Co. and three other insurers for losses stemming from $43 million in loans it issued to dishonest former employees perpetrating mortgage fraud schemes.
August 31, 2011
Continental Insurance Co. sought summary judgment Wednesday in a California suit brought by Fremont Reorganizing Corp. seeking $20 million from its insurers to cover losses on loans purportedly signed by criminals perpetrating a mortgage fraud scheme.