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February 18, 2016
National Credit Union Admin. v. Cumis Insurance Society Inc.
Case Number:
16-3140
Court:
Nature of Suit:
Government Agencies
View recent docket activity
Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
Coverage
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May 18, 2017
Insurer Needn't Pay $5M For Loan Fraud Loss, 6th Circ. Says
The Sixth Circuit on Thursday ruled that Cumis Insurance Society Inc. doesn't have to pay $5 million under a fidelity bond to cover losses that a credit union suffered from an officer's fraudulent loan scheme, upholding the insurer's trial win before an Ohio federal court.
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