Employee Theft, Forgery Coverage Was Not Triggered, 8th Circuit Affirms

(August 8, 2019, 10:07 AM EDT) -- ST. LOUIS — The Eighth Circuit U.S. Court of Appeals on Aug. 6 affirmed a lower federal court’s finding that a crime insurance policy’s “employee theft” and “forgery” coverage were not triggered by an underlying claim arising from $820,000 stolen over several years from two commercial rental property owners (C.S. McCrossan Inc. v. Federal Insurance Company, No. 18-1949, 8th Cir., 2019 U.S. App. LEXIS 23484)....

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