Solving the Jigsaw Puzzle of Employee Dishonesty Claims, American Bar Association “The Brief,” author Stefan Dandelles, Esq.
Dandelles Solving the Jigsaw Puzzle of Employee Dishonesty Claims, ABA THE BRIEF January 2023
Employee dishonesty is the quintessential coverage afforded by fidelity bonds. At first blush, employee dishonesty and employee theft insuring agreements appear self-explanatory. However, interpretation of fidelity bonds has not been immune to variance in judicial determinations nor the ever-changing methods by which employees steal from their employers, especially given the evolution of technology in business operations. But despite the complexity of today’s employee dishonesty claims, certain common patterns and themes remain constant. This article will explore and discuss the basics of fidelity coverage and walk through some of the more nuanced aspects of handling a fidelity claim. Please read full article at above link
TIP: Don’t assume that you understand fidelity coverage without consulting the case law or someone with expertise, as the coverage landscape continues to evolve.
Stefan Dandelles is a co-managing partner of Kaufman Dolowich Voluck’s Chicago office and chair of the firm’s fidelity and crime practice group. He regularly handles complex insurance coverage matters involving financial institution bonds, commercial crime policies, employment practices liability, directors and officers liability, and bankers’ professional liability. He may be reached at sdandelles@ kaufmandolowich.com.
PUBLISHED IN THE BRIEF, VOLUME 52, NUMBER 1, FALL 2022. © 2022 BY THE AMERICAN BAR ASSOCIATION. REPRODUCED WITH PERMISSION. ALL RIGHTS RESERVED.
