Magistrate Rejects Insurer's Motion To Dismiss Coverage Suit Over Commission Scheme

Mealey's (August 3, 2020, 11:10 AM EDT) -- CINCINNATI — A federal magistrate judge in Ohio on July 29 recommended denying an insurer's motion to dismiss an insured's breach of contract and bad faith lawsuit seeking crime protection insurance coverage for an alleged fraudulent scheme through which the insured's employee stole $1,954,329.13 in commission payments, finding that the insured has demonstrated a "loss" under the insurance policy (M&C Holdings Delaware, Partnership, et al. v. Great American Insurance Company, No. 20-121, S.D. Ohio, 2020 U.S. Dist. LEXIS 134651)....