A global outfit like Great Western will have a master policy in place that will provide a difference in conditions and limits over local hotels everywhere. The local GW hotel to where the cards were shipped will have coverage locally as well as under the master policy. Once the property claim has been settled, the carrier is legally free to subrogate against BW for their failure to protect guests lives and (ML) property, their primary legal obligation. The carrier will seek subrogation not against the local hotel but the parent co. Of course, this assumes the cards are never recovered.
GW also has the right to subrogate against anyone involved in the theft. For example, if the thief is apprehended then GW could start litigation against him, although good luck on that one. He probably doesn't have a pot to piss in.
Since it is a police matter as well, it is going to be a complicated claim. The statutory state Innkeepers Liability Law is a minor piece in all this. It is more designed for the guy who claims that his load of dirty laundry has been lost than the lady who claims her precious 10K diamond ring was stolen in the hotel. That's why the limit is so low.
|