Federal Judge: Law Firm Is Owed ‘Employee Dishonesty’ Coverage For Embezzled Funds
Mealey's (September 8, 2015, 9:45 AM EDT) -- BALTIMORE — A Maryland federal judge on Sept. 3 held that an insurer has a duty to provide employee dishonesty coverage for a law firm insured’s loss arising from $157,268.75 that a paralegal allegedly embezzled from a trust account (Cumberland & Erly, LLC v. Nationwide Mutual Insurance Co., No. 14-2399, D. Md.; 2015 U.S. Dist. LEXIS 117881).