Law firm that was victimized by check scam is entitled to coverage for its loss because policy was “ambiguous”
March 21, 2013 | By Stephen A. Meyerowitz, Esq., Director, FC&S Legal
A federal district court has ordered an insurer to cover the loss suffered by a law firm in a check scam, finding that the loss fell within both the policy’s forgery and alteration endorsement and the policy’s false pretenses exclusion and that the policy therefore was ambiguous.
Most Popular Articles
From Deloitte Discovery
From Merrill DataSite
From Copyright Clearance Center
From Bloomberg BNA
March 26, 2014 at 2:00 pm ET
March 17, 2014 at 1:00 pm ET
Get the latest business trends, current corporate litigation, labor developments, technology initiatives and more.
Sign up to receive InsideScoop — FREE
You have been subscribed! You will receive a confirmation email soon.