Legal Opinion
Pacific Enterprises v. Federal Insurance
Court of Appeals for the Ninth Circuit
Decided September 7, 2001No. 99-56309; D.C. No. CV-94-00838-ABCPublished
1Opinion of the Court
MEMORANDUM *
Pacific Enterprises and its subsidiaries were covered under Federal Insurance Company’s crime policy during the relevant period from May 21, 1990 to May 21, 1991. The policy limit was $25 million, with a $500,000 deductible, and it provided fidelity insurance. Fidelity insurance is insurance against loss of money or securities caused by the theft or forgery by identifiable employees of the insured. The employee theft provision in the policy covered “direct losses of Money, Securities and other property caused by Theft or forgery by any identifiable Employee(s) of any Insured.” The…
2Cases cited16 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Lana Guebara, Cross-Appellee v. Allstate Insurance CompanyCourt of Appeals for the Ninth Circuit · 2001
- Tomaselli v. Transamerica InsuranceCalifornia Court of Appeal · 1994
- Aydin Corp. v. First State InsuranceCalifornia Supreme Court · 1998
- Lauro ACEVES, Jamie Aceves, Plaintiffs-Appellants, Cross-Appellees, v. ALLSTATE INSURANCE COMPANY, Defendant-Appellee, Cross-AppellantCourt of Appeals for the Ninth Circuit · 1995
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