Where companies are victimized by ransomware or email scams, their losses arise from payments made by an officer or employee of the company.
In the case of ransomware, a company’s files are held hostage pending payment...more
4/5/2023
/ Business Losses ,
Computer Fraud Insurance ,
Cyber Attacks ,
Denial of Insurance Coverage ,
Fraud ,
Hackers ,
Insurance Claims ,
Insurance Litigation ,
Phishing Scams ,
Policy Exclusions ,
Ransomware ,
Reimbursements ,
Scams
In the context of the numerous lawsuits have recently filed by policyholders seeking compensation for lost business income occasioned by the pending pandemic, a key issue will be whether those policyholders have suffered...more
8/27/2020
/ Business Interruption ,
Business Losses ,
Commercial Insurance Policies ,
Coronavirus/COVID-19 ,
Denial of Insurance Coverage ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Loss Causation ,
Loss Coverage ,
Policy Exclusions ,
Policy Terms ,
Property Damage
Restaurants whose operations have been shut down due to the coronavirus crisis are looking to their business interruption or business income insurance policies for relief, and have found resistance from insurance companies...more