O Bee Credit Union v. Southwest Marine and General Insurance Company et al
Case Number:
3:21-cv-05820
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February 02, 2023
Credit Union, Issuers Settle Loan Fraud Coverage Suit
A credit union that was scammed by someone who forged signatures on loan applications has settled a coverage dispute with its insurers over the resulting losses, telling a Washington federal court in a stipulation that their dispute should now be dismissed.
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March 11, 2022
Fidelity Bond Issuer Says Title Insurer Must Cover Loan Fraud
A fidelity bond insurer for a credit union that was scammed by an individual who forged signatures on loan applications told a Washington federal court that only the union's title insurer should be responsible for covering those losses, echoing its stance from previous coverage denials.
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November 09, 2021
Credit Union Asks For Loan Fraud Losses To Be Covered
A credit union told a Washington federal court Tuesday that its insurers must cover its losses stemming from loans that it later realized were obtained by a scammer who stole an identity and forged signatures on the loan applications.