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<p>[QUOTE="John Burgess, post: 8260023, member: 105098"]there another whole section to this civilly between parties as it relates to abandoned property. After it was stolen, how hard did the owner try to recover it? Did he try at all? Did an insurance company pay him out for it, and if so, the insurance company, would would be the "rightful owner with claim". Not the victim that got a payout.</p><p>did the insurance company try to search for it and recover it?</p><p><br /></p><p>If the original owner/victim of the theft did recover the coin, would they need to reimburse an insurance company for the payout they got after the theft? Most likely right?</p><p><br /></p><p>it's the right thing to do right?</p><p><br /></p><p>Example I found "If your insurance carrier has paid your claim for a lost or stolen watch that's subsequently recovered, you must report it to the insurance company. The carrier will generally give you two options: return the money or return the watch."</p><p><br /></p><p>"If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property, or must be reimbursed if payout has occurred."[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 8260023, member: 105098"]there another whole section to this civilly between parties as it relates to abandoned property. After it was stolen, how hard did the owner try to recover it? Did he try at all? Did an insurance company pay him out for it, and if so, the insurance company, would would be the "rightful owner with claim". Not the victim that got a payout. did the insurance company try to search for it and recover it? If the original owner/victim of the theft did recover the coin, would they need to reimburse an insurance company for the payout they got after the theft? Most likely right? it's the right thing to do right? Example I found "If your insurance carrier has paid your claim for a lost or stolen watch that's subsequently recovered, you must report it to the insurance company. The carrier will generally give you two options: return the money or return the watch." "If you or we recover any property for which we have made payment under this policy, you or we will notify the other of the recovery. At your option, the property will be returned to or retained by you or it will become our property. If the recovered property is returned to or retained by you, the loss payment will be adjusted based on the amount you received for the recovered property, or must be reimbursed if payout has occurred."[/QUOTE]
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Stolen coin.
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