March 05, 2015
Progressive Casualty Insurance Co. has reached a settlement with a failed Las Vegas bank's former top brass, who had been targeted by banking regulators over $18 million in bad real estate loans, in a suit over coverage under a directors and officers policy, according to documents filed Wednesday in federal court.
November 17, 2014
A Nevada federal judge on Thursday rejected Progressive Casualty Insurance Co.'s effort to toss counterclaims against it in a coverage dispute with a failed Las Vegas bank's former top brass, who have been targeted by banking regulators over $18 million in bad real estate loans.