Dishonesty Exclusion Bars Coverage, 5th Circuit Affirms

Mealey's (December 6, 2017, 12:30 PM EST) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on Nov. 20 affirmed a lower court’s ruling that an insurance policy’s dishonesty exclusion bars coverage for a restaurant owner insured’s loss, rejecting the insured’s argument that the exclusion's exception for “acts of destruction” by “employees” applies to establish coverage (Maldonado Investments, L.L.C. v. State Farm Fire & Casualty Co., No. 16-31206, 5th Cir., 2017 U.S. App. LEXIS 23585)....