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11/10/21  |  Publications

Peter Netburn and Scott Spearing Present Journal Article and Lead Panel Presentation at 2021 Annual Fidelity Law Association Conference

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Peter Netburn and Scott Spearing lead a panel presentation at the 2021 Annual Fidelity Law Association conference in New York City.  Peter and Scott discussed their recent article, It’s Not a Direct Loss, But Is It Covered Property? The Impact of Direct Loss and Owned/Covered Property Interpretations on Current Fidelity Claims, published in the November 2021 Fidelity Law Journal (Volume XXVII).  The presentation addressed how fidelity bonds and commercial crime policies are designed to cover direct first-party losses and limit coverage of losses for property not owned by the insured, and the impact that judicial interpretation of “direct loss” and “ownership” provisions have had on current fidelity claims.