A new Sixth Circuit decision may signal an emerging trend on whether insurers must cover claims made by policyholders who fall victim to phishing scams....more
7/31/2018
/ Commercial Insurance Policies ,
Cyber Crimes ,
Cyber Insurance ,
Data Security ,
Denial of Insurance Coverage ,
Fraudulent Wire Transfers ,
Hackers ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Phishing Scams ,
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Travelers Property Casualty Co.
In a highly anticipated decision, the Pennsylvania Superior Court vacated an eyebrow-raising $21 million award for an auto policyholder and found that the insurer did not act in bad faith....more