Texas Panel Partly Reverses Ruling In Coverage Suit Over Fraudulent Wire Transfer

(May 27, 2022, 11:29 AM EDT) -- DALLAS — A Texas appeals panel on May 25 said a lower court rendered judgment in accordance with a jury's verdict and an insurance policy's terms but that there was no evidence to support $25,000 in bad faith damages awarded by the jury, partly reversing a coverage dispute over a $220,000 fraudulent wire transfer....