NCUA places federal credit union into conservatorship | Orrick, Herrington & Sutcliffe LLP
On May 6, the NCUA placed a federally chartered credit union in Jackson, Mississippi, into conservatorship, citing “unsafe and unsound…
Tag: Union
Hartford and Capital Credit Union clash over $3 million in bankruptcy battle
The dispute centers on two contracts: the General Indemnity Agreement (GIA) and the Intercreditor Collateral Agreement (ICA). The GIA, signed…
Union funds accuse Markel, CNA, Berkshire Hathaway of surety bond failures
The case takes on added significance for the insurance industry because of the involvement of multiple surety and insurance providers.…
National Union pursues $465,000 recovery after AAA Club employee theft
National Union Fire Insurance Company of Pittsburgh, Pa., as subrogee of AAA Club Alliance Inc., has filed a civil complaint…
Philadelphia Indemnity faces lawsuit as union claims $175k shortfall
The trustees for several benefit funds of Plumbers Local Union No. 200 allege they are owed at least $174,492.46 for…
Court sends AIG, National Union to trial over slow $7.5M settlement
Appleton filed an insurance claim against the pickup driver and his employer. Their liability policy was with National Union Fire…