September 08, 2011
A California federal judge on Wednesday tossed the rest of IndyMac Bancorp Inc.'s case against several insurers and former directors, which sought coverage in underlying suits over its mortgage-backed securities, two weeks after dismissing the bulk of the claims as unripe.
August 29, 2011
A California federal judge ruled Thursday that IndyMac Bancorp Inc. lacked standing to seek coverage for several underlying actions over its mortgage-backed securities dealings from 11 insurers that had issued it $160 million worth of directors and officers policies.