SVB, Insurers Spar Over Policy Language In $73M Fraud Row
law360
1 week ago
16 views
Insurers for the failed Silicon Valley Bank are not entitled to a quick win in a $73 million fraud coverage dispute, the bank and its receiver told a North Carolina federal court, saying the carriers' interpretation of the financial institution bonds' extended forgery provision is not supported by policy language.
Continue Reading
Sign up for FREE to read the full article and access 129K+ alternative investment headlines.