Paraco Gas Corporation v. Travelers Casualty and Surety Company of America

  1. March 01, 2016

    Travelers Kept Mum On D&O Exclusion, Court Told

    Paraco Gas Corp. on Monday slammed Travelers' bid to shed a lawsuit claiming the insurer and a broker misrepresented a directors and officers policy that did not cover an ongoing shareholder suit over allegedly bogus bonuses, saying the record showed Travelers acted fraudulently.

  2. February 26, 2016

    Travelers, Broker Want Out Of Paraco's Fraud Suit

    Travelers and insurance broker Carnall Insurance LLPC asked a New York federal court Friday to dismiss them from a lawsuit claiming their misrepresentations caused Paraco Gas Corp. to obtain a directors and officers policy that didn't provide coverage for an ongoing shareholder suit over allegedly bogus bonuses.

  3. July 24, 2012

    Paraco Sues Travelers To Cover Shareholder Suit Losses

    Travelers Casualty and Surety Co. of America is facing a lawsuit alleging it wrongfully denied Paraco Gas Corp. claims for coverage under its directors and officers insurance policy for an ongoing shareholder suit over allegedly bogus bonuses, according to a complaint removed to New York federal court Monday.