Atlas Metals Products Co. v. Lumbermans Mutual Casualty Co.

Atlas Metals Products Co., Inc. (Atlas), appeals the grant of summary judgment to defendant Lumbermans Mutual Casualty Company (Lumbermans). The case involves a blanket employee dishonesty protection policy (EDP). The question presented is whether the EDP issued to Atlas, as the named insured, covered thefts by an Atlas employee in a fraudulent scheme involving the cashing of checks from a separate busi*739ness entity, R&R Realty Trust (R&R). Lumbermans denied the claim for the R&R thefts. Lumbermans paid a related claim for the misappropriation of Atlas funds by the same Atlas employee.

Having…