First National Bancorp, Inc. et al v. StarNet Insurance Company

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Case Number:

2:22-cv-00033

Court:

Montana

Nature of Suit:

Insurance

Judge:

Brian Morris

Firms

  1. August 03, 2022

    Banks, Insurer To Settle Fraudulent Transfer Coverage Row

    First National Bancorp Inc., its Montana subsidiary and their insurer reached a tentative settlement Wednesday to resolve a federal dispute over coverage of $900,000 in losses stemming from a fraudulent wire transfer.

  2. May 10, 2022

    Banks Say Insurer Must Cover Fraudulent Wire Transfer

    An insurer must provide coverage to First National Bancorp and its Montana subsidiary and pay more than $900,000 for a fraudulent wire transfer, the banks told a Montana federal court, saying they did not breach any conditions of coverage by returning the wire amount to a customer.