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ZURICH INSUR. CO. v. FRIEDLANDER

[No. 337, September Term, 1970.] [No. 422, September Term, 1970.]

261 Md. 612 (1971)

276 A.2d 658

ZURICH INSURANCE COMPANY v. FRIEDLANDER ET UX. MARYLAND CASUALTY COMPANY v. FRIEDLANDER ET UX.

Court of Appeals of Maryland.

Decided May 4, 1971.

Attorney(s) appearing for the Case

William A. Ehrmantraut, with whom were Donahue, Ehrmantraut & Gleason on the brief, for Zurich Insurance Company. John Edward Powell, with whom were McInerney, Layne & McCormick on the brief, for Maryland Casualty Company.

Edward H. Kerman for appellees.

The cause was argued before HAMMOND, C.J., and BARNES, McWILLIAMS, FINAN, SINGLEY, SMITH and DIGGES, JJ.

HAMMOND, C.J., delivered the opinion of the Court.

Jack L. Friedlander, an active practicing lawyer, a former active accountant, and an investor with a net worth of several million dollars, sued Zurich Insurance Company, which had issued to him and his wife a so-called Homeowners Policy that carried a "Credit Card and Depositors Forgery Coverage Endorsement," under which the company agreed to indemnify the insureds up to $10,000 for loss resulting from the forgery...

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