Law firm that was victimized by check scam is entitled to coverage for its loss because policy was “ambiguous”
A federal district court has ordered an insurer to cover the loss suffered by a law firm in a check scam, finding that the loss fell within both the policys forgery and alteration endorsement and the policys false pretenses exclusion and that the policy therefore was ambiguous.
By Steven A. Meyerowitz, Esq., Director, FC&S LegalMarch 21, 2013
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