9th Circuit Refuses To Disturb Ruling Against Insurer In Forgery Coverage Dispute

Mealey's ( January 17, 2023, 1:47 PM EST) -- PASADENA, Calif. — The Ninth Circuit U.S. Court of Appeals on Jan. 13 refused to rehear its reversal of 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, standing by its decision that the lower court erred in finding that the insured failed to satisfy the policy’s first coverage element....