Homeowners Insurer Disputes Coverage For Wire Fraud Suit Brought Against Insured

(July 2, 2024, 9:17 AM EDT) -- NEW HAVEN, Conn. — A homeowners insurer filed suit in a Connecticut federal court seeking a declaration that it has no duty to defend and indemnify its insured in an underlying lawsuit alleging that she and an associate provided fraudulent wire instructions and absconded with $1.4 million in closing funds with respect to the purchase of a Lavallette, N.J., property....