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COBRA PRODUCTS v. FEDERAL INS. CO.

722 A.2d 545 (1998)

317 N.J. Super. 392

COBRA PRODUCTS, INC., Plaintiff-Appellant, v. FEDERAL INSURANCE COMPANY d/b/a Chubb Group of Insurance Companies, Defendants-Respondents, and Deidre Burker, an individual, Defendant.

Superior Court of New Jersey, Appellate Division.

Decided December 31, 1998.

Attorney(s) appearing for the Case

Alexander W. Ross, Jr., Marlton, for plaintiff-appellant (Rakoski & Ross, attorneys; Mr. Ross, on the brief).

Michael J. Mernin, Parsippany, for defendants-respondents (Gennet, Kallman, Antin & Robinson, attorneys; Richard S. Nichols, on the brief).

Before Judges KING and WALLACE.

The opinion of the court was delivered by KING, P.J.A.D.

I

This matter arises from a property loss insurance dispute. The plaintiff Cobra Products, Inc. filed a complaint against defendant Federal Insurance Company seeking to recover the value of a property loss by theft. The defendant insurance carrier refused payment claiming the thefts constituted employee dishonesty and were excluded under the terms of the policy. Judge Mariano granted summary judgment...

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