Fidelity bond claims remain heavily litigated as technology makes it easier than ever to counterfeit and create fraudulent and forged documents. The prevalence of electronic commerce has bred a whole new type of electronic thief, thus leading to cybercrime and resulting losses in addition to old fashioned methods of thievery.

Annotated Financial Institution Bond, Third Edition, summarizes every important case construing the relevant provisions of the standard form Financial Institution Bond. Previous annotations that were deemed to be of little or no relevance have been omitted, while noteworthy older cases remain. The annotations have been streamlined to include only those facts important to the stated holding of the case, and to limit the discussion of each case to the section of the bond under discussion. Additionally, updated and scholarly commentary has been added for each section of the bond discussing the most important issues faced by industry professionals.

For ease of reference, the annotations follow the structure of the bond. Included in the book is a separate chapter on important riders and miscellaneous topics, including the history of the bond, loss, causation, construction and interpretation, and retaliatory litigation. An appendix of bond forms and a table of cases is also included. Readers also should consider purchasing a copy of Annotated Financial Institution Bond, Second Edition, in order to have annotations of those cases that were not included in the Third Edition of the book, but that nevertheless might be important to a claim, depending upon the jurisdiction involved.