Plaintiff insured, a jewelry company, brought this action to recover on contracts of primary and excess "jewelers block" insurance entered into with defendants. During a business trip, plaintiff's president realized that a bag containing jewelry was missing but he could not say where or how the loss occurred. We agree with the IAS court that the claim is outside the ambit of coverage on the basis of the policies' exclusionary clause for "[u]nexplained loss, mysterious disappearance...
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