Year:
2014
Court:
New York Court of Appeals
Case Number:
APL-2014-00133
Issue:
- Contract Interpretation
- Cyber Liability - Fraud
State:
- New York
The carrier denied coverage for payments incurred as losses for fraudulent use of the insured’s computer systems (bogus medicare payments). However, the insured had purchased a “Computer Systems Fraud” rider which the insured argued would cover such losses. Fraudulent conduct, as defined in the rider,…