Engaged by defense counsel to evaluate carrier’s investigation and claims handling conduct for a loss under a Financial Institution Crime policy. The dispute resulted after a claim for loan losses was denied based on the loss not resulting from employee dishonesty. Attorney John Moore, Faegre Drinker Biddle & Reath LLP (215) 988-2750. Appalachian Community Federal Credit Union v. CUMIS Insurance, Case No. 3:20-CV-0553 In United States District Court for the Eastern District of Tennessee Northern Division.
Crime Insurance / Fidelity Bonds Expert Witness Cases
Engaged by senior bank officer to perform portfolio review of in force insurance policies. Consultation focused on analysis and recommendations regarding coverage structure for Directors & Officers Liability, Financial Institution Bond/Crime Insurance, and Cyber Liability. Brad Perry, CFO, People’s Bank – Paris, TX, (903) 783-3800.
Engaged by counsel for Louisiana bank to analyze Crime Insurance coverage and claim issues following employee theft loss. Attorney Jim Colvin – Colvin Weaver & Cerniglia, LLC (318) 927-6149; First Guaranty Bank v. Bancinsure.