CITY OF MIAMI SPRINGS v. TRAVELERS INDEM. CO.

No. 77-2398.

365 So.2d 1030 (1978)

CITY OF MIAMI SPRINGS, Appellant, v. TRAVELERS INDEMNITY COMPANY, Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied January 22, 1979.


Attorney(s) appearing for the Case

Weintraub & Weintraub and Albert L. Weintraub, Miami, for appellant.

Joseph A. McGowan, Miami, for appellee.

Before PEARSON, BARKDULL and KEHOE, JJ.


BARKDULL, Judge.

This appeal concerns whether the appellant City had causes of action on insurance issued by the appellee.

The City was issued an "institutional package policy" by the appellee which provided, among other things, coverage for misappropriations by employees. The limit of liability was $10,000.00 and the policy was good for twelve months, ending April 1, 1975. During the period the policy was in force, unknown to the City, an employee misappropriated...

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