Hantz Financial Services, Inc. v. National Union Fire Insurance

OPINION AND ORDER DENYING PLAINTIFFS’ MOTION FOR SUMMARY JUDGMENT [33] AND GRANTING DEFENDANTS’ MOTION FOR SUMMARY JUDGMENT [37]

LAURIE J. MIGHELSON, UNITED STATES DISTRICT JUDGE

An employee of Plaintiff Hantz Financial Services, Inc.' (a subsidiary of Hantz Group, Inc, (collectively, “Hantz”)) stole more than 2.6 million dollars entrusted him by Hantz Clients. This insurance coverage dispute concerns whether certain insurance policies issued by Defendants protect Hantz from the losses stemming from this theft. Defendant National Union Fire Insurance, Company of Pittsburgh, PÁ, issued a…