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Crime Policy Comes To Rescue of Texas Tax Firm

Because Ryan was unlawfully deprived of the $346,612 paid to Weaver, the Fifth District Court of Appeals found there was coverage under the Employee Theft provision of the policy.

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A simple or not-so-simple dispute over the meaning of “theft” led to a take-nothing judgment on an $11 million insurance coverage claim, but the Dallas appeals court reversed, paving the way for a trial.

In Ryan LLC v. National Union Fire Insurance Co. of Pittsburgh, Pa., 2023 Tex. App. LEXIS 1625 (Tex. App. 2023), the Fifth District Court of Appeals concluded a Ryan employee, Sean Weaver, committed theft by unlawfully taking illegally claimed commissions.

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