A commentary on insurance coverage issues in Hawaii and beyond
The court was asked to determine the correct methodology for calculating Business Income Loss under the Smart Cyber Insurance Policy after the insured suffered from a cyber attack. Heritage Co., Inc. v. Hudson Excess Ins. Co., 2024 U.S. Dist. LEXIS 91714 (E.D. Ark. May 22, 2024).
Heritage suffered from a…
The court determined that the insured's policy did not cover the theft of funds orchestrated by instructions from fraudsters. Star Title Partners of Palm Harbor, LLC v. Illinois Union Ins. Co., 2021 U.S. Dist. LEXIS 193001 (M.D. Fla. Sept. 1, 2021).
Star Title was a title company retained by Neil…
Having failed to adequately secure cyber coverage, the insured law firm's lawsuit was properly dismissed by the trial court on summary judgment. Johnson v. Smith Bros. Ins., LLC, 2020 Vt. Unpub. LEXIS 98 (Vt. Sept. 4, 2020).
The law firm attended a CLE seminar presented by the Vermont Attorneys…
The multi-peril policy did not provide coverage for ransom paid to a hacker in order to retrieve its servers. G&G Oil Co. of Ind. v. Cont' W. Ins. Co., 2020 Ind. App. LEXIS 126 (March 31, 2020).
G&G Oil Company held a multi-peril commercial policy from Continental. The Commercial Crime…
The Eleventh Circuit affirmed the denial of coverage under a Computer Fraud policy. Interactive Communications International, Inc. v. Great American Ins. Co., 2018 U.S. App. LEXIS 12410 (11th Cir. May 10, 2018).
Great American issued a Computer Fraud policy to Interactive Communications International, Inc. (InComm). InComm sells "chits" to consumers, who…
The insured's Computer Fraud policy failed to provide coverage for a fraudulent email scheme based upon an exclusion barring coverage where an authorized person entered the insured's computer system. Aqua Star Untied States Corp. v. Travelers Cas. & Sur. Co. of Am., 2018 US. App. LEXIS 9660 (9th Cir. April 17, 2018). …
