Wexler Knitting Mills v. Atlantic Mutual Insurance

WIEAND, Judge:

In this appeal we are called upon to interpret an exclusion clause in an “all risks” policy of insurance to determine whether coverage was provided for losses sustained as a result of employee thefts. The trial court held that losses sustained by virtue of employee thefts were excluded from coverage under the policy and entered a compulsory non-suit in the employer’s action brought to recover such losses. When the court thereafter refused to remove the non-suit on post-trial motion, the employer appealed.

Wexler Knitting Mills (Wexler) is a Philadelphia based sweater manufacturer…