Judge Awards Insured $96,566 For Breach Of Contract Claim In Employee Theft Dispute

Mealey's (January 7, 2020, 10:04 AM EST) -- SEATTLE — A federal judge in Washington on Jan. 3 held that an insurance policy’s employee theft coverage insures bonuses that an insured paid to its employees but does not cover third-party purchases the insured made related to a companywide vacation in a coverage dispute arising from fraudulent representations allegedly made by the insured’s former employee (Whitney Equipment Company v. Travelers Casualty and Surety Company of America, No. 18-1634, W.D. Wash., 2020 U.S. Dist. LEXIS 930)....