(November 7, 2022, 12:59 PM EST) -- NEW YORK — The Second Circuit U.S. Court of Appeals on Nov. 4 affirmed a lower federal court’s dismissal of an insured’s breach of contract claim against its insurer in its lawsuit seeking coverage for its loss caused by an employee’s embezzlement and reversed the lower court’s refusal to dismiss the bad faith claim, finding both claims time-barred....