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

Article 0 Comments For the second time in about a week, a federal appeal 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. The Sixth Circuit appeal court found that […]

Impact of Court Ruling Chubb Unit’s Crime Policy Covers ‘Spoofed’ Wire Transfer

Article 0 Comments In a closely-watched case on insurance coverage in an age of expanding cyber risk, a federal appeals court in New York has upheld a lower court ruling that a commercial crime insurance policy covers wire transfer losses resulting from a spoofing attack. The ruling is a reminder […]