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U.S. Bank National Association et al v. Indian Harbor Insurance Company et al
Case Number:
0:12-cv-03175
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December 15, 2015
8th Circ. May Reshape Restitution Coverage In US Bank Case
The Eighth Circuit is set to consider Thursday whether a pair of insurers must cover $30 million of U.S. Bancorp's $55 million class settlement of overdraft fee litigation, in a case that attorneys say raises important questions regarding what constitutes restitution and whether it is covered under insurance policies. Here, Law360 dives into what's on the line.
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October 16, 2014
Insurers Can't Appeal US Bank Overdraft Settlement Ruling
A Minnesota federal judge on Wednesday declined to allow two insurers to immediately appeal his refusal to take the duo off the hook for covering part of U.S. Bancorp's $55 million class settlement of overdraft fee litigation.
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July 03, 2014
Insurers Denied Win On US Bank's $55M Overdraft Deal
Two insurers failed Thursday to exit litigation against U.S Bancorp over coverage for a $55 million settlement of three class actions challenging overdraft fee practices, after a Minnesota federal court refused to hold that the bank's losses were uninsurable.