Commercial Crime Insurance Coverage follows and expands upon the second edition of Commercial Crime Policy. Authored by experienced attorneys and claims handlers in the fidelity industry, it addresses some of the practical and ethical issues affecting the investigation, litigation, and resolution of commercial fidelity claims. It also examines how courts have construed the newest commercial crime risks, including cyber losses. As with the second edition of Commercial Crime Policy, the book begins with a history of the development of mercantile crime policies, and their interpretation and construction. Following chapters expand upon the construction of specific terms found within commercial crime insurance policies, as well as an exhaustive analysis of other issues that typically arise in the consideration of such claims, such as compensability of third party losses, discovery of loss, limit of liability, causation, cancellation and termination of coverage, and other key issues. An appendix includes copies of representative commercial fidelity coverage forms.
It is a vital resource for anyone concerned with the nature and scope of insurance covering workplace fraud and, like other books in the FSLC Catalog, will be dog-eared, highlighted, and otherwise well-used by fidelity practitioners across the country.