commercial crime policy News

Ironshore’s Pembroke Agency Adds Cyber Coverage to Financial Institution Crime Policies

Ironshore’s Pembroke Managing Agency Limited has updated its Financial Institutions Crime program to include cyber fraud and cyber extortion. Pembroke’s crime coverage for Financial Institutions indemnifies a company for direct financial loss resulting from internal and external fraud incidents. The …

Argo Pro Adds Commercial Crime Insurance to Management Liability Portfolio

Argo Pro, a member of Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, has expanded its line of management liability insurance products with a new commercial crime insurance product offering. Argo Pro’s Crime and …

Rescission Decision Averts $43M in Damages in California Case

Attorneys representing Liberty Mutual Insurance Co. averting what could have been a $43 million payout in damages this week characterized the California court case a cautionary tale for insurers. The case is Heide Kurtz v. Liberty Mutual Ins. Co., et …