City of Colton v. Schwebach

AMUNDSON, Justice.

[¶ 1] City of Colton, South Dakota (City), appeals the circuit court’s judgment in favor of Marie Schwebach, d/b/a Schwebach Insurance Agency (Schwebach), and Employers Mutual Casualty Company (Employers). We affirm.

FACTS AND PROCEDURAL HISTORY

[¶ 2] City employed Linda Westberg (Westberg) as Finance Officer for sixteen years. Between October 1, 1991, and October 1, 1992, Westberg admitted to misappropriating City’s funds in the amount of $64,700 through various transactions. After the losses and embezzlements were discovered in January of 1993, City filed a claim with…