Insured Appeals No Coverage Ruling In Suit Arising From Federal Indictment

Mealey's (November 4, 2015, 9:10 AM EST) -- NEW YORK — The former president and CEO of a vending machine sales company has asked the Second Circuit U.S. Court of Appeals to reverse a lower federal court’s ruling that there is no coverage for an underlying federal indictment brought against him for conspiracy, mail and wire fraud charges (Edward Morris Weaver v. Axis Surplus Insurance Co., No. 14-4180, 2nd Cir.)....