July 11, 2012
A federal judge on Tuesday tossed OneBeacon Midwest Insurance Co.'s counterclaims in the Federal Deposit Insurance Co.'s lawsuit seeking $4.6 million in coverage for losses related to allegedly fraudulent loans made by the former directors of a failed Illinois bank.
June 10, 2011
The Federal Deposit Insurance Corp., acting as receiver for a failed Illinois bank, sued OneBeacon Midwest Insurance Co. on Friday in federal court, seeking $4.6 million in coverage for losses related to allegedly fraudulent loans made by two of the bank's former directors.