N. S. Co. v. Cincinnati Insurance

Andrews, Judge.

This is an appeal from the trial court’s grant of the Cincinnati Insurance Company’s motion for summary judgment arising out of the following facts:

N. S. Company is in the business of manufacturing and selling wholesale jewelry. It procured an employee dishonesty bond from appellee, the Cincinnati Insurance Company, which provided protection to N. S. Company for losses caused by the fraudulent or dishonest acts of employees.

This lawsuit arose from the acts of an outside salesman for N. S. Company, Chris Scott. In 1989, apparently because of the bankruptcy of one of his…