N.Y. Panel: Fact Issues Exist Over Whether Broker Qualified As Insured's Employee

NEW YORK - Fact issues exist as to whether a broker qualified as an employee of an insured, a New York appeals panel ruled July 16 in a coverage dispute over the insured's alleged $141 million loss under fidelity bonds (New Hampshire Insurance Co., et al. v. MF Global Inc., Nos. 9736-9737-9738-9739-601621/09, 9740, N.Y. Sup., App. Div.; 1st Dept.; 2013 N.Y. App. Div. LEXIS 5206).

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