Breach Exclusions in E&O Policy Upheld in $1.3M Money Transfer Claim June 17, 2022 By Andrew G. Simpson A company that transferred $1.3 million from a client’s payment fund in response to emailed requests from a hacker has...
Court Finds Travelers Crime Policy Covers Money Transfer Loss Due to Email Spoofing July 17, 2018 By Andrew G. Simpson For the second time in about a week, a federal appeals court has sided with a commercial policyholder where the...
Impact of Court Ruling Chubb Unit’s Crime Policy Covers ‘Spoofed’ Wire Transfer July 9, 2018 By Andrew G. Simpson In a closely-watched case on insurance coverage in an age of expanding cyber risk, a federal appeals court in New...