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July 13, 2016
BANCORPSOUTH, INC v. FEDERAL INSURANCE COMPANY
Case Number:
1:16-cv-01871
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
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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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January 26, 2017
$24M BancorpSouth Overdraft Deal Not Covered, Judge Says
A Chubb Ltd. unit does not have to cover a $24.5 million settlement of class claims that BancorpSouth Inc. rigged checking accounts to unfairly charge overdraft fees, an Indiana federal judge ruled Thursday, holding that an exclusion in the bank's policy for claims tied to fees unambiguously bars coverage.
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