Policy Coverage For Wire Fraud, Check Thefts Debated In 6th Circuit

Mealey's (May 3, 2016, 2:08 PM EDT) -- CINCINNATI — A federal court correctly found that an insurer is not obligated to provide coverage to a construction trade group under a crime coverage policy because the loss for which the trade group seeks coverage is not separate and distinct from a loss it learned of before applying for the policy, the insurer argues in a March 1 brief on the trade group’s appeal to the Sixth Circuit U.S. Court of Appeals of the trial court’s grant of summary judgment to the insurer (Construction Contractors Employer Group, LLC v. Federal Insurance Company, No. 15-4352, 6th Cir.)....