Booker Bros. v. American Casualty Co.

McDEVITT, J.,

— This case was tried before the Hon. John J. McDevitt, 3rd, without a jury, on May 11, 1971, on an agreed statement of facts. The issue involved here is the extent of coverage under an insurance policy known as a Broker s Blanket Bond. Plaintiff contends the policy provides $100,000 coverage for its losses caused by the acts of two of its employes. Defendant, on the other hand, contends that its liability extends only to $50,000, the policy limit for losses caused by an employe or employes who collude with each other or another to cause the loss. A subsidiary issue concerns…