INDIANAPOLIS - An insurer has no duty to defend or indemnify against an underlying putative class action alleging that its insureds participated in a fraudulent debt adjustment services scheme, an Indiana federal magistrate ruled March 24, granting the insurer's motion for summary judgment (Allstate Insurance Co. v. Preferred Financial Solutions Inc., et al., No. 1:12-cv-00649-DML-JMS, S.D. Ind.; 2014 U.S. Dist. LEXIS 38780).