crime insurance policy News

Travelers Seeks Review of Court Ruling on Crime Insurance Loss Involving Email Fraud

Travelers Insurance is seeking a full Sixth Circuit court reconsideration of its three-judge panel ruling that said the insurer’s crime insurance policy’s computer fraud clause covered a loss due to money transfer involving fraudulent emails. In seeking an en banc …

Court Finds Travelers Crime Policy Covers Money Transfer Loss Due to Email Spoofing

For the second time in about a week, a federal appeals court has sided with a commercial policyholder where the insurer denied coverage under a computer fraud provision of a crime insurance policy for a money transfer involving fraudulent emails. …

XL Catlin Introduces Commercial Crime Insurance Policy

To help businesses recover from the financial repercussions of corporate crime, XL Catlin’s Global Crime business has introduced a new commercial crime insurance policy in the US. According to Greg Bangs, chief underwriting officer of XL Catlin’s Global Crime insurance …