CONSTRUCTION FINANCIAL ADMINISTRATION SERVICES LLC v. FEDERAL INSURANCE COMPANY

  1. June 10, 2022

    Insurer Doesn't Have To Cover Border Wall Payment Scam

    Federal Insurance Co. on Thursday beat a lawsuit brought by one of its insured after FIC denied coverage for a hacked transaction that cost the insured company $1.3 million, when a Pennsylvania federal judge said the policy didn't cover "social engineering."

  2. April 13, 2020

    Faux Border Wall Payments Are On Insurer's Tab, Court Told

    A company that administers a border wall construction fund and is seeking to recoup $1.3 million lost to a scammer slammed Federal Insurance Co.'s bid to toss out its lawsuit, telling a Pennsylvania federal judge that its wire transfer is covered by its policy.

  3. March 12, 2020

    Insurer Says No Coverage For Phony Border Wall Payments

    Federal Insurance Co. urged a Pennsylvania federal judge on Wednesday to find it had no duty to cover a construction fund administrator that paid out $1.2 million to an online fraudster who submitted a false payment claim on a project to replace part of the U.S.-Mexico border wall.