September 06, 2022
A construction company that claimed it was cheated out of close to $1 million by its former president lost its bid for coverage from a Travelers unit, with a Virginia federal judge finding that a crime policy didn't cover the forgery or theft of a construction contract.
February 09, 2022
A construction company that claims it was cheated out of close to $1 million by its former president had most of its coverage claims against a Travelers unit dismissed, with a Virginia federal judge siding with the insurer on the scope of a dishonest-acts policy exclusion.