Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
PNC BANK, N.A. v. AXIS INSURANCE COMPANY et al
Case Number:
2:21-cv-01299
Court:
Nature of Suit:
Judge:
Firms
Companies
- Arch Capital Group Ltd.
- Aspen Insurance Holdings Ltd.
- AXIS Capital Holdings Ltd.
- The PNC Financial Services Group Inc.
Sectors & Industries:
-
March 13, 2024
PNC Bank Can't Get $106M Judgment Covered By Insurers
PNC Bank NA is not entitled to coverage by a group of excess insurers for a $106 million judgment it incurred in an underlying lawsuit alleging the bank's predecessor mismanaged funeral trust accounts, a Pennsylvania federal judge ruled Wednesday, saying the policies' exclusions bar coverage in this case.
-
September 12, 2022
Insurers Say PNC Bank Isn't Owed $106M Coverage Judgment
A group of excess insurers told a Pennsylvania federal court that coverage isn't owed to PNC Bank for a $106 million judgment it incurred in an underlying lawsuit alleging the bank's predecessor mismanaged funeral trust accounts, arguing coverage isn't extended to the predecessor before the policy period.