Potential Coverage Exists For Employee Theft Claim, Federal Judge Rules

Potential Coverage Exists For Employee Theft Claim, Federal Judge Rules

INDIANAPOLIS - An insured's claim that its insurer owed a duty to indemnify it up to the coverage limits available for the insured's more than $5 million theft loss raises a right to relief beyond the speculative level, an Indiana federal judge ruled Aug. 20, denying the insurer's motion for judgment on the pleadings (Telamon Corporation v. The Charter Oak Fire Insurance Co., et al., No. 1:13-cv-00382-RLY-DML, S.D. Ind.; 2013 U.S. Dist. LEXIS 117646).

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