Federal Judge Rules Manufacturer’s Losses from Email Scam Not Covered as “Computer Fraud” Under Commercial Crime Policy.

In American Tooling Center, Inc. v. Travelers Casualty and Surety Company of America, the U.S. District Court for the Eastern District of Michigan recently ruled that a tool and die manufacturer’s $800,000 loss was not covered under the “Computer Fraud” coverage of its Travelers commercial crime policy.  The insured manufacturer had authorized payment to a [...]

2017-09-27T23:48:35+00:00 September 27th, 2017|