Sherman & Hemstreet, Inc. v. Cincinnati Insurance

Sears, Presiding Justice.

Certiorari was granted to consider whether the Court of Appeals correctly construed an insurance policy’s provisions governing the limit of insurance applicable to coverage for employee dishonesty. Having reviewed the record in light of certain stipulations concerning the policy made by the parties before the trial court, we determine that the Court of Appeals’ decision was correct. Therefore, we affirm.

*735Sherman & Hemstreet, Inc. (“Sherman”), purchased a commercial insurance policy issued by the Cincinnati Insurance Company (“Cincinnati”) that provided coverage for,…