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The Brink's Company v. Certain Underwriters at Lloyd's, London Subscribing to Policy No. B0901/LI1831111
Case Number:
3:21-cv-00658
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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December 13, 2021
Lloyd's To Pay Brinks $10M In $15M Employee Fraud Dispute
Lloyd's will pay The Brink's Co. $10 million to settle a coverage dispute over more than $15 million in losses stemming from a Brink's employee stealing from the security giant and destroying company data, according to documents Law360 obtained Monday.
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November 22, 2021
Brink's Wants Insurer To Cover $15M Employee Fraud Loss
The Brink's Co. told a Virginia federal court that Lloyd's must cover its losses stemming from an employee stealing from it and destroying company data, saying the insurer arbitrarily denied its bid for coverage under an excess crime policy.