Kernwood Manufacturing Corp. v. Home Indemnity Co.

This non jury action was brought by the plaintiff to recover under a policy of insurance issued by the defendant, insuring the plaintiff against certain risks of loss including employee dishonesty.

The defendant interposed four separate and complete defenses to this action, and only the “fourth” is the subject of this decision and opinion, since it is the defendant’s claim that the alleged loss claimed herein is not covered by reason of the “ exclusion ” clause contained in the insurance policy sued on herein.

- The policy expressly provides as follows:

‘ ‘ Insuring Agreements. Employee…