Bank, Insurer Stipulate To Dismissal Of Coverage Dispute Arising From Forgery

Mealey's (January 22, 2024, 3:00 PM EST) -- SANTA ANA, Calif. — A bank insured and its insurer on Jan. 19 filed a stipulation to dismiss with prejudice the insured’s lawsuit seeking coverage for its losses resulting from a forgery eight days after a federal judge in California issued an in-chambers order setting an order to show cause as to dismissal following a settlement announcement by the parties....