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Policyholder Insider Blog

Articles: 1-10 of 23

Court Grants Summary Judgment in Favor of Policyholder Seeking Coverage for the Business E-Mail Compromise (BEC) Scam

USA - September 8 2016 “Business E-mail Compromise” (BEC) scams, which we have previously discussed, are becoming an increasing concern. The FBI’s most recent report in June…

5 Insurance Issues To Consider In Tech Transactions

USA - August 25 2016 Technology services and software companies frequently face insurance issues when negotiating their intellectual property license or other services…

Insurer Denies Coverage for Regulatory Investigations at Its Own Risk and Gives Up Right to Consent to Settlement

USA - August 8 2016 A New York trial court recently recognized that insurers may not deny coverage for a claim, and then, if the denial was improper, object to a…

Court Rejects Insurer’s Expansive Reading of Data Breach Exclusion and Undefined Term “Data”

USA - August 1 2016 A federal district court recently rejected an insurer’s broad interpretation of the term “data” as it was used in data breach exclusions in a…

Renowned Intellectual Property Jurist Restricts Applicability of IP Exclusion

USA - June 28 2016 A company facing IP-related claims might not look to its CGL policy (or other policies) for coverage. However, a recent decision from a leading voice…

Laces Are Tied Tight on Arbitration Clauses When an Insurer Stands In the Shoes of Its Insured

USA - June 24 2016 Try as it might, Mitsui Sumitomo Seguros S.A. (“Mitsui”) could not kick an arbitration award that potentially freed its insured’s suppliers from…

Eighth Circuit Affirms Coverage for Fraudulent Wire Transfer Despite Employee Negligence

USA - May 26 2016 The Eighth Circuit’s decision last Friday in State Bank of Bellingham v. BancInsure, holding that computer systems fraud insurance indeed insures…

New York’s Highest Court Finds Policy Language Controls Allocation and Exhaustion Methods for Excess Coverage

USA - May 5 2016 In a major victory for policyholders, the New York Court of Appeals held on May 3, 2016 that manufacturers Viking Pump, Inc. and Warren Pumps, LLC…

FIFA Official Beats the Offside Trap: Court Orders Insurers to Advance Defense Costs

USA - May 3 2016 Last week, in a coverage match hosted by the Eastern District of New York, the referee ordered insurers to advance defense costs to Eduardo Li, a…

Insurer Gets Smoked for Defense Coverage in Illinois

USA - April 8 2016 An e-cigarette vendor has defense coverage because an Illinois federal judge found that the party suing it “has a very thin Reed on which to rest a…