State in legal fight with insurer over $40M fraud payout 

Corrected at 10:57 a.m. on May 11

THE STATE IS SUING Fidelity & Deposit Co. of Maryland for failure to pay out on policies protecting against fraudulent unemployment claims./ PBN FILE PHOTO
PROVIDENCE – The state is in a legal battle with an insurer over efforts to recoup $40 million lost in fraudulent unemployment claims during the pandemic.   The insurer, Fidelity & Deposit Co. of Maryland, insists it doesn't owe the state anything. The Illinois-based company says the state's losses are not covered under its policy…

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