April 03, 2023
An insurer does not have to cover a trust company and others in underlying lawsuits brought after the company's leader embezzled more than $4.8 million from elderly and disabled clients he served, a New Mexico federal judge ruled.
September 30, 2021
A Markel Corp. unit asked a New Mexico federal court to rescind a professional liability policy the insurer issued to a nonprofit whose CEO stole over $4 million, saying the executive concealed his wrongdoing when applying for the policy.