March 23, 2016
A Georgia federal judge has ruled that Federal Insurance Co. must advance defense costs to former directors of the failed Silverton Bank NA in the Federal Deposit Insurance Corp.'s $71 million lawsuit accusing them of breaching their fiduciary duties.
October 31, 2011
An insurer argued Monday in Georgia that a policy exclusion barred it from having to cover the Federal Deposit Insurance Corp.'s $71 million lawsuit accusing former executives of now-insolvent Silverton Bank NA of breaching fiduciary duties.