9th Circuit Reverses Ruling In Insurer’s Favor In Forgery Coverage Dispute

Mealey's (December 13, 2022, 2:24 PM EST) -- PASADENA, Calif. — The Ninth Circuit U.S. Court of Appeals on Dec. 12 reversed and remanded a federal court’s summary judgment ruling in favor of an insurer in a bank insured’s lawsuit seeking coverage for its losses resulting from a forgery, finding that the lower court erred in finding that the insured failed to satisfy the policy’s first coverage element....