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Pioneer Bank sues insurer over legal defense costs
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Michael Mann, left, the ex-MyPayrollHR CEO, and his attorney, Michael Koenig, enter U.S. District Court on Wednesday, Aug. 12, 2020, in Albany, N.Y. (Paul Buckowski/Times Union)Paul Buckowski/Albany Times Union
COLONIE Pioneer Bank, one of the largest victims in the MyPayrollHR bank fraud scandal, is suing one of its insurance companies over legal and investigative expenses.
Pioneer Bank is suing Atlantic Specialty Insurance Company over its legal fees and other costs as well as $1.1 million in damages in state supreme court in Albany. Pioneer provided provided a $42 million line of credit to MyPayrollHR and affiliated companies before the company collapsed Labor Day weekend in 2019. CEO Michael Mann later pleaded guilty to the $100 million fraud and is awaiting sentencing later this year.
Allegations of bad faith, breach of contract included in complaint Gallatin Co. filed against its insurance companies.
MTN NEWS
and last updated 2021-04-15 19:09:14-04
BOZEMAN â Allegations of bad faith and breach of contract related to an insurance agreement with Gallatin County are included in a complaint the county has filed against its insurance companies.
The case stems from a trial involving a case where a Gallatin County snowplow collided with a woman s car in 2017.
Beginning on November 16, 2020, a non-jury trial was held in the case of Daniels vs. Gallatin County. The case involved an accident on the East Frontage Road that occurred on January 12, 2017, when a County snowplow collided with Ms. Danielsâs car. On March 10, 2021, District Judge Rienne McElyea entered an Order finding that Gallatin County and its snowplow driver Rick Blackwood were negligent in causing the accident involving Ms. Daniels. Judge McElyea awarded damages to Ms. Daniels in the total am
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