X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The U.S. Court of Appeals for the Fourth Circuit has affirmed a district court ruling that an insurance company was entitled to recoup nearly $1 million in defense costs paid on behalf of Lee Bentley Farkas, the former chief executive officer of mortgage lender Taylor, Bean & Whitaker (“TBW”), who had been convicted for his role in a massive fraud that contributed to the failure of TBW and Colonial Bank. 

The Case 

This premium content is locked for
Insurance Coverage Law Center subscribers only.

Start a free trial to enjoy unlimited access to the single source of objective legal analysis, practical insights, and news for the insurance industry.

  • Access the most current expert analysis and daily developments across jurisdictions
  • Solve complex research issues with expert tools and intelligence
  • Tap into insurance coverage expert guidance

Already have an account?
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].

 

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.