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J.I. CORP. v. FEDERAL INS. CO.

Civ. A. No. 89-0613-H.

730 F.Supp. 1187 (1990)

J.I. CORPORATION, f/k/a New England Rare Coin Galleries, Inc., Plaintiff, v. FEDERAL INSURANCE COMPANY, d/b/a Chubb Group of Insurance Companies, Defendant.

United States District Court, D. Massachusetts.

February 21, 1990.

Attorney(s) appearing for the Case

Richard d'A. Belin, Foley, Hoag & Eliot, Boston, Mass., Armen R. Vartian, General Counsel, New York City, for plaintiff.

Paul R. Devin, George C. Rockas, Peabody & Arnold, Boston, Mass., for defendant.

MEMORANDUM AND ORDER

HARRINGTON, District Judge.

Defendant Federal Insurance Company and Plaintiff J.I. Corporation, formerly known as New England Rare Coin Galleries, Inc. (NERCG), filed cross motions for summary judgment. The motions arise out of a dispute concerning the interpretation of a fidelity insurance policy ("the policy")1 which insured plaintiff against losses sustained as a result of employee dishonesty. The policy...

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