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Tag Archives: Insurance

‘Localization’ Makes Credit Union Va. Citizen (access required)

In a Virginia federal credit union’s suit against an insurance carrier that declined to cover a $153,893 loss from a fraudulent wire transfer because the credit union did not follow call-back verification procedures, the carrier has successfully removed the suit ...

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Higher Coverage for Embezzlement Rejected (access required)

An insurance broker who served as treasurer for plaintiff volunteer fire company and handled its insurance coverage, who committed suicide after increasing commercial crime coverage and embezzling $500,000, did not make an affirmative misrepresentation when he failed to provide information ...

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Accident victim seeks access to firm’s liability policy (access required)

Phone on seat

The Supreme Court of Virginia has agreed to consider whether a lawyer is on the job and covered by his law firm’s insurance when he’s driving to work with his cellphone ready for work-related calls. The outcome could determine whether ...

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