Credit Card Fraud and
Commercial Property Coverage

Q

Our insured is an electronics dealer, and does considerable business over his Web site. Recently, he received an order for a laptop computer to be shipped overseas. A credit card was used to make the purchase. The computer was shipped, and now our insured has received a denial from the credit card issuer. It appears the customer disputed the purchase and so now our insured must reimburse the credit card issuer.

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