Firm’s Coverage Fight Over Stolen $530K Tossed

By Ganesh Setty (May 10, 2023, 8:16 PM EDT) — Hanover Insurance Co. has no coverage obligations to a Brooklyn law firm that had been accused of failing to prevent fraudsters from stealing over $500,000 in a real estate transaction, a New York federal court ruled Wednesday, finding an exclusion barring coverage for the misappropriation of funds was applicable….

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