Year:
2018
Court:
U.S. Court of Appeals, 2nd Circuit
Case Number:
17-2492-cv
Issue:
- Ambiguities/Reasonable Expectations
- Causation/Direct Loss
- Cybercrime Coverage
State:
- New York
Businesses are increasingly looking to their property and liability insurance policies for indemnification and defense in connection with cyber crimes including data breaches, hacks and ransomware demands. Insurance companies are taking varying approaches to accepting and rejecting these claims. UP is weighing in to support…