Bank Co. Says Insurers Must Cover Losses After $88M Deal

By Hope Patti · January 19, 2022, 7:45 PM EST

Ally Financial, which agreed to pay $87.5 million and forgive $700 million in loan debt to settle a class action in March, has sued its excess insurers for denying coverage of...

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Documents

Case Information

Case Title

Ally Financial Inc. v. U.S. Specialty Insurance Company

Case Number

1:22-cv-00064

Court

Delaware

Nature of Suit

Insurance

Date Filed

January 18, 2022