Truist Says Excess Insurers Owe For $240M Overdraft Deal

By Katryna Perera ( August 25, 2026, 8:02 PM EDT) -- Truist Bank has launched counterclaims against a group of insurers who claim they don't owe coverage to the bank for a $240 million settlement of a consumer class action stemming from alleged overdraft charges, arguing the relevant insurance policy expressly includes settlements, among other things, as covered damages....

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