In the case of property theft under a Commercial Crime policy, which event would typically trigger a claim?

In the context of a Commercial Crime policy, a claim for property theft is typically triggered by a specific criminal act that results in the unlawful taking of property. Burglary of store premises directly involves the illegal entry into a building with the intent to commit theft. This event qualifies as theft under a Commercial Crime policy because it represents a deliberate criminal act that fulfills the definition of theft—namely, the unlawful taking of property belonging to someone else.

While misplacement of property may result in loss, it usually doesn’t involve the intent or criminal action necessary to constitute a theft claim. Inventory shrinkage may indicate loss but can be caused by various factors including theft, accounting errors, or spoilage, making it not conclusively linked to a criminal act. An employee's own use of funds generally pertains more to embezzlement or fraud, rather than theft in the sense used by insurance policies, as it often involves misappropriation rather than the physical theft of property.

Thus, the event that clearly matches the criteria for triggering a claim under a Commercial Crime policy is burglary of store premises, since it involves a clear instance of unlawful entry and theft of property.