St. Paul Fire & Marine, a subsidiary of Travelers, recently obtained a declaratory judgment in its favor in connection with a data breach that compromised the credit cards of numerous guests of Rosen Hotels & Resorts.  Rosen Millennium, Inc., the IT subsidiary of Rosen Hotels & Resorts responsible for the hotel chain’s data security, tendered [...]

In American Tooling Center, Inc. v. Travelers Casualty and Surety Company of America, No. 17-2014, --- F.3d ---- (July 13, 2018), the U.S. Court of Appeals for the Sixth Circuit reversed a district court decision that a Michigan manufacturer’s $834,000 loss was not covered under the “Computer Fraud” coverage of its Travelers 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 [...]

P.F. Chang’s Denied Coverage Under Cyber Insurance Policy for Penalties and Assessments Imposed Following Data Breach A recent decision from the U.S. District Court for the District of Arizona – P.F. Chang’s China Bistro, Inc. v. Federal Insurance Company – concluded that nearly $2 million in fees and assessments incurred by P.F. Chang’s China Bistro, [...]

Fill out your application completely and accurately. Do not give your insurer a reason to deny your claim or, worse, rescind your policy altogether!  Any “savings” that may result from failing to disclose certain information on your application is worth nothing if you find yourself without coverage when you otherwise would have had it. Timely [...]