Special Employee Theft Exclusion Bars Coverage, Federal Judge Rules

Mealey's (August 8, 2019, 4:22 PM EDT) -- UTICA, N.Y. — A federal judge in New York on Aug. 7 found that an insurance policy’s special employee theft exclusion bars coverage for a hotel owner insureds’ claim that their former manager’s stole more than $700,000 from them, granting the insurer’s motion for summary judgment and dismissing the breach of contract and declaratory judgment complaint in its entirety  (Albany Airport HIE, LLC, et al. v. The Hanover Insurance Group, Inc., et al., N.D. N.Y., 2019 U.S. Dist. LEXIS 132021)....