So What Does Your Fidelity Policy Actually Cover?

Businesses purchase fidelity insurance to cover their losses from crime such as employee theft and forgery. This need is usually most pronounced for banks and other financial service firms, where employees have access to enormous amounts of money. For these policyholders, misplaced trust in a resourceful employee can result in millions of dollars disappearing from the policyholder or its clients with only a few keystrokes.

16 minute read February 29, 2008 at 07:56 AM
By
John N. Ellison and Luke E. Debevec
So What Does Your Fidelity Policy Actually Cover?

Businesses purchase fidelity insurance to cover their losses from crime such as employee theft and forgery. This need is usually most pronounced for banks and other financial service firms, where employees have access to enormous amounts of money.

This premium content is locked for LawJournalNewsletters subscribers only

ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN LawJournalNewsletters

  • Stay current on the latest information, rulings, regulations, and trends
  • Includes practical, must-have information on copyrights, royalties, AI, and more
  • Tap into expert guidance from top entertainment lawyers and experts
Subscribe Now

Already have an account? Sign In Now

For enterprise-wide or corporate access, please contact Customer Service at [email protected] or call 1-877-256-2473.

NOT FOR REPRINT

© 2026 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Continue Reading

Beyond Workflows and Outputs: AI’s Impact On Strategic Planning

Law firms are at a variety of stages of AI strategy development, adoption and organizational maturity. While there are many important decisions being made on how to frame, structure, and evaluate these tools into legal practice, firm leaders are also considering the long-term impact on their firm’s business strategy.

May 31, 2026

Law Firms Have a Memory Problem Not a Selling Problem

The legal industry continues to treat business development as though it is primarily an attorney behavior issue. It is not. The firm absolutely has the expertise, but what it lacks is retrieval speed and accuracy.

May 31, 2026

Law Firms Don’t Have a Selling Problem, They Have a Memory Problem

The next real divide in the legal market is unlikely to be intelligence. The divide will be between institutions that can reliably retrieve and deploy what they already know and those that cannot. The firms that win will be the ones that can surface the right knowledge, in the right hands, before anyone else does.

May 31, 2026

Work-for-Hire Issue in Litigation Over 'Goosebumps' Musical

A current work-for-hire dispute over rights to the musical adaptation, cast album compositions and sheet music based on the children’s horror novel Goosebumps: Phantom of the Auditorium explores the inter-relationship of work-for-hire and copyright-ownership language in agreements signed both before and after the Goosebumps play was created.

May 31, 2026