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Principle Solutions Group, LLC v. Ironshore Indemnity, Inc.

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Case Number:

1:15-cv-04130

Court:

Georgia Northern

Nature of Suit:

Insurance

Judge:

Richard W. Story

Firms

Companies

Sectors & Industries:

  1. September 02, 2016

    Fraud Policy Triggered By $1.7M Transfer, Ga. Court Says

    A Georgia federal judge has ruled that Ironshore Indemnity Co. must cover an information technology company's $1.7 million loss from a transfer induced by a fraudulent scheme, rejecting the insurer's argument that the fraud had to result directly from an initial email sent by a crook posing as an employee of the policyholder.

  2. May 24, 2016

    IT Co. Says 8th Circ. Ruling Bolsters $1.7M Coverage Bid

    Information technology company Principle Solutions Group LLC on Monday continued to urge a Georgia federal court to rule that an Ironshore Indemnity Co. crime policy covers the $1.7 million in losses it suffered due to a fraudulent transfer, saying a recent Eighth Circuit ruling strengthens its argument.

  3. March 29, 2016

    Insurer Seeks To Escape IT Co.'s $2M Fraud Coverage Suit

    Ironshore Indemnity Co. urged a Georgia federal judge Tuesday to toss an information technology company's $1.7 million fraud coverage suit, saying the money transfer at the center of the dispute falls outside of the policy's definition of covered fraud.

  4. March 10, 2016

    IT Firm Questions Role Of Insurer's Atty In $2M Coverage Row

    Information technology company Principle Solutions Group LLC told a Georgia federal court Thursday that it's too soon to rule on its bad faith claim against Ironshore Indemnity Co. in a $1.7 million fraud coverage dispute because an attorney's role for the insurer needs to be cleared up. 

  5. March 03, 2016

    Fraud Policy Triggered By $1.7M Transfer, IT Co. Says

    Information technology company Principle Solutions Group LLC told a Georgia federal court Thursday that the $1.7 million in losses it sustained due to a transfer caused by a fraudulent scheme should be covered under an Ironshore Indemnity Co. crime policy, arguing that the insurer's objections to its claim are unsupported by the policy language.

  6. February 16, 2016

    Fraud Policy Not Triggered By $1.7M Transfer, Insurer Says

    Ironshore Indemnity Co. urged a Georgia federal court Monday to find that information technology company Principle Solutions Group LLC is not covered for $1.7 million in losses from a transfer caused by a fraudulent scheme, as Principle can't show that it was told how to make the transfer by someone posing as an employee.