News & Analysis as of

Scams Commercial Insurance Policies

Ervin Cohen & Jessup LLP

Email Scam Losses May Find Recourse Via Cyber Or Business Interruption Coverage

Losses arising from email scams are usually covered, if at all, under a company’s crime policy. But a recent decision from The District Court in Minnesota suggests that recourse may also be found under an insured’s cyber or...more

Neal, Gerber & Eisenberg LLP

A Cautionary Tale: Insurance for Social Engineering Fraud

You are on the accounts payable staff of a private company. It is 4:30 Friday afternoon, and you receive an urgent email from the CEO (Mrs. Banks). In this urgent email, Mrs. Banks directs you, in no uncertain terms, to...more

Saul Ewing Arnstein & Lehr LLP

Southern District of Ohio: No Coverage Equals No Bad Faith

Schmidt v. The Travelers Indem. Co. of Am., No. 1:13-CV-932, 2015 WL 4538118 (S.D. Ohio July 27, 2015). A law firm that lost more than $141,000 in an online scam lost its coverage dispute with its insurer but still tried...more

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