Shamrock Bank N.A. v. Everest National Insurance Company
Case Number:
6:22-cv-00252
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Firms
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April 10, 2023
Bank, Insurer To Settle Coverage Suit Over Loan Payment Deal
An insurer and a bank reached an agreement in their dispute over whether the bank's settlement with a car dealership regarding outstanding loan payments is covered under its directors and officers liability insurance policy.
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September 26, 2022
Bank Didn't Show It Suffered Covered Loss, Insurer Says
An insurer said a bank that settled an underlying suit with a car dealership over outstanding loan payments isn't entitled to coverage, telling an Oklahoma federal court that the bank failed to prove it suffered a covered loss when it didn't provide the insurer information it requested about the settlement.