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Property Co. Can't Force Lloyd's Insurers To Cover Theft

By Jeff Sistrunk (April 13, 2020, 4:27 PM EDT) -- A North Dakota federal judge ruled Friday that underwriters at Lloyd's of London are not obligated to cover a property management company's loss of about $270,000 of client funds to an ex-employee's embezzlement, finding the worker's transmission of the funds to her own account triggered a policy exclusion....

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