fidelity insurance coverage

• Declining Asset Values And Fidelity Insurance Coverage

As lenders discover losses from employee dishonesty, forgery and other fidelity risks in the current economic downturn, insurance companies have attem...

• Mondaq Business Briefing
• United States Law Articles in English

• Credit unions: Federal credit unions; fidelity bond and insurance coverage,

• FR, May 25, 2005
• Proposed rules
• National Credit Union Administration

• 12 CFR 713.6 - What is the permissible deductible?

...PART 713: FIDELITY BOND AND INSURANCE COVERAGE FOR FEDERAL CREDIT UNI...

• Code of Federal Regulations - Title 12: Banks and Banking

• Credit unions: Federal credit unions; fidelity bond and insurance coverage,

• FR, October 26, 2005
• Rules
• National Credit Union Administration

• in Re Texas Eastern Transmission Corp. Pcb Contamination Insurance Coverage Litigation. the Fidelity & Casualty Co. of New York v. the Texas Eastern Transmission Corp. Associated Electric & Gas Insurance Services, Ltd.; National Surety Corporation v. Texas Eastern Transmission Corporation; Fidelity & Casualty Insurance Company of New York; Certain Underwriters At Lloyds of London, Including the Insurance Company of Ireland; Aetna Casualty and Surety Company; American Home Assurance Company; Boston Old Colony Insurance Company; Continental Casualty Insurance Company; First State Insurance Company; Highlands Insurance Company; the Home Insurance Company; Insurance Company of North America; Insurance Company of the State of Pennsylvania; International Insurance Company; Lexington Insurance Company; Midland Insurance Company; Mutual Marine Insurance Company; Prudential Reinsurance Company; Ranger Insurance Company; Republic Insurance Company; Stonewall Insurance Company; ..., 15 F.3d 1249 (3rd Cir. 1994)

Peter J. Nickles (argued), Coleman S. Hicks, Covington & Burling, Washington, DC, Charles Alan Wright, Austin, TX, for appellant Texas Eastern Transmi...

• Federal Circuits

• 12 CFR 713.5 - What is the required minimum dollar amount of coverage?

...PART 713: FIDELITY BOND AND INSURANCE COVERAGE FOR FEDERAL CREDIT UNI...

• Code of Federal Regulations - Title 12: Banks and Banking

• Employee Theft

The taking of money is by far the most serious aspect of the fidelity problem; however, retailers and wholesalers often face the threat of loss of inventory, especially during a major holiday season. Although most associate such loss with the theft of items by customers, the most serious incidents of this type are perpetrated by employees, either individually or as a group. Collusion by employees demonstrates the need for high-limits fidelity insurance. Coverage for large and medium-sized businesses, in particular, takes into account current assets and gross sales and income, incorporating them in a widely used formula developed by the Surety Association of America and available through insurance companies. Agents and brokers who provide property insurance for both large and small firms...

• Rough Notes
• Vol. 151 Nbr. 1, January 2008

• 12 CFR 713.1 - What is the scope of this section?

...PART 713: FIDELITY BOND AND INSURANCE COVERAGE FOR FEDERAL CREDIT UNI...

• Code of Federal Regulations - Title 12: Banks and Banking

• American Mut. Share Ins. Corp. v. CUMIS Ins. Soc., Inc., (Ohio 2009)

American Mutual Share Insurance Corporation, as the conservator of United Telephone Credit Union ("UTCU"), sought coverage under a fidelity bond issued by CUMIS Insurance Society, Inc.; however, we found that UTCU did not give CUMIS timely notice of the discovery of loss and failed to bring a timely suit against CUMIS and affirmed the judgment of the trial court.

• Ohio Supreme Court

• 12 CFR 713.7 - May the NCUA Board require a credit union to secure additional insurance coverage?

...PART 713: FIDELITY BOND AND INSURANCE COVERAGE FOR FEDERAL CREDIT UNI...

• Code of Federal Regulations - Title 12: Banks and Banking