Wire Fraud Doesn't Trigger D&O Coverage, State Farm Says

By Daniel Tay · March 20, 2023, 4:29 PM EDT

A property owners association is not covered for underlying litigation stemming from an alleged wire fraud incident because the association's failure to make the proper payment is not a "wrongful act"...

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Case Information

Case Title

Bridlewood Estates Property Owners Association v. State Farm General Insurance Company

Case Number

3:23-cv-00195

Court

California Southern

Nature of Suit

Insurance

Date Filed

February 02, 2023