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The Fourth Edition of Financial Institution Bonds represents the most current and comprehensive analysis of the essential ""desk reference"" for the fidelity industry. Cited more frequently by the courts on the subject than any other source, Financial Institution Bonds provides an in-depth and scholarly analysis of each of the key provisions of the Financial Institution Bond, Standard Form No. 24, and an examination of the key cases on each subject. Authors include the foremost experts in the fidelity industry.
Since the Third Edition of this book was published in 2008, there have been significant developments in the case law construing and applying the financial institution bond in both its standard and various manuscript forms and policy forms. New chapters in this edition address what is arguably the hottest topic of the day — electronic crime claims, including computer fraud and social engineering, and the associated coverage forms. It also addresses each and every key provision in the Standard Form Financial Institution Bond.
All chapters have been updated, including key cases and citations, and in many cases citations to key older cases and unpublished articles were maintained and can be provided upon request. The book examines the historical origin and development of the standard-form financial institution bond and its predecessor forms, and it provides in-depth legal analysis and commentary by leading practitioners in the field construing each of the bond's insuring agreements, as well as its principal exclusions and conditions to coverage. It also provides chapters addressing important legal concepts such as loss and causation, and examines the claim process and litigation strategy from both the insured's and insurer's viewpoints. Topics include:
An appendix contains a set of current and predecessor bond forms for ease of reference to readers of these articles. As in the previous edition, a Master Appendix of current and predecessor bond forms is provided at the end of the book. If you are looking for a complete guide to The Financial Institution Bond, this is the one resource you need.