A recent court decision highlights why policyholders should have coverage for cyber claims under other insurance policies and not just under a dedicated cyber insurance policy. (Photo: ipopba/Adobe Stock)
The U.S. Court of Appeals for the Fifth Circuit recently ruled that the policyholder is entitled to defense coverage under a commercial general liability (CGL) policy for a $20 million lawsuit after a cyberattack grabbed payment card information from its computer systems.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
