United States Fire Insurance Company v. Finemark National Bank & Trust
Case Number:
2:22-cv-00130
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Firms
Companies
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January 11, 2023
Insurer's Swept Funds Suit Against Bank Largely Survives
An insurance company that says it was left on the hook for a construction contractor's multimillion-dollar debts can move forward with most of its claims against a bank that allegedly swept $1.5 million from the contractor's account to settle a separate beef, a Florida federal judge has ruled.
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June 14, 2022
Bank Must Face Insurer's $1.5M Fund Sweeping Suit
FineMark National Bank & Trust cannot escape an insurer's suit accusing the bank of improperly sweeping $1.5 million out of a construction company's account, a Florida federal court ruled Tuesday, saying it would not settle disputed facts at this stage of the proceedings.
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March 01, 2022
Insurer Says Bank Swept Out $1.5M Meant For Subcontractors
United States Fire Insurance Co. took FineMark National Bank & Trust to Florida federal court Monday, claiming the bank improperly swept funds out of a policyholder's account, which forced the insurer to face more than $10 million worth of claims from subcontractors.