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.

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gold coinsfraudulent-payments exclusionproperty insurance policyindependent causebreach of contractTexas Insurance CodeChapter 542chapter 541concurrent causationtheft insurancefraudulent checkconsequent upon

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