September 12, 2011
A New York federal judge on Friday found that Federal Insurance Co. is not responsible for covering any of the $25 million settlement that data protection company SafeNet Inc. paid to a class of shareholders over false financial statements made by the company's former chief financial officer.
December 08, 2010
A federal judge has ruled that Federal Insurance Co. can move forward with a suit against SafeNet Inc. that argues the cybersecurity company voided its right to $10 million of excess liability insurance when it settled a stock options backdating case with the U.S. Securities and Exchange Commission.