Theft A theft is the taking and removing of money or property with theintent to deprive the owner of it. The taking of your property must beillegal under the law of the state where it occurred and it must havebeen done with criminal intent. Theft includes the taking of money or property by the followingmeans. Blackmail Burglary Embezzlement Extortion Kidnapping for ransom Larceny Robbery Threats Mislaid or lost property. The simpledisappearance of money or property is not a theft. However, anaccidental loss or disappearance of property can qualify as a casualtyif it results from an identifiable event that is sudden, unexpected,or unusual. Example.A car door is accidentally slammed on your hand, breaking thesetting of your diamond ring. The diamond falls from the ring and isnever found. The loss of the diamond is a casualty.