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Dillon Gage, Inc. of Dallas v. Certain Underwriters at Lloyds

Court: 5th Cir  04/01/2021  Fifth Circuit Certifies Theft Policy Questions to the Supreme Court of Texas

The Fifth Circuit certified questions pertaining to whether the loss in question was "consequent upon" handing over insured property against a fraudulent check and, if so, whether a third-party's alleged errors in the transfer of the insured property were an independent cause of the loss.

property insurance policy, theft insurance, gold coins, fraudulent check, consequent upon, fraudulent-payments exclusion, breach of contract, Texas Insurance Code, Chapter 541, Chapter 542, concurrent causation, independent cause

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