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.
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