Zurich Says Exclusion Bars Coverage For Bank's Ponzi Suits

By Josh Liberatore (August 1, 2022, 1:55 PM EDT) -- Pacific Premier Bank isn't entitled to coverage of several underlying suits alleging it helped keep a Ponzi scheme afloat by offering ill-advised lines of credit, a Zurich unit told a California federal court, pointing to a policy exclusion for lending acts....

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