Evanston Insurance Company v. Desert State Life Management et al
Case Number:
1:18-cv-00654
Court:
Nature of Suit:
Judge:
Firms
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April 03, 2023
No Coverage For Embezzling NM Trust Co., Court Says
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.
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September 30, 2021
Markel Asks To Cancel Policy Over CEO's False Statements
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.