Tag Archives: crime insurance

Join me at the NetDiligence Cyber Risk & Privacy Liability Forum June 11-13, 2014.

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Looking to attend a great conference where you can learn about cyber risks, cyberinsurance, data breaches, data privacy, cyberattacks, and more? HB Litigation ConferencesThen you should join me for the NetDiligence® Cyber Risk & Privacy Liability Forum.  Hosted by HB Litigation Conferences, it will take place June 11-13, 2014 at the Hyatt at the Bellevue, Philadelphia, PA.

The event will be chaired by:

  • Robert Jones, AIG
  • Paul Miskovich, Axis Pro
  • Jennifer Rothstein, Kroll
  • Jim Giszczak, McDonald Hopkins
  • Tim Stapleton, Zurich
  • Risk Manager Liaison:  Darin Bielby, Navigant

You can find a PDF of the entire agenda by clicking here.

I’ll be a speaker on a panel discussing the “Crime Coverage & Cyber Insurance,” presenting at 9:00 am, Friday morning, June 13.  Our panel will discuss:

  • Coverage in common loss scenarios
  • Discussion of recent claims
  • Court decisions impacting coverage
  • Standard Crime & Cyber policy forms

Our panel and moderator will include:

Take a look at the full agenda by clicking here.  And you can register online by clicking here.

Disclaimer:

This blog is for informational purposes only. This may be considered attorney advertising in some states. The opinions on this blog do not necessarily reflect those of the author’s law firm and/or the author’s past and/or present clients. By reading it, no attorney-client relationship is formed. If you want legal advice, please retain an attorney licensed in your jurisdiction. The opinions expressed here belong only the individual contributor(s). © All rights reserved. 2014.

Note:  as a speaker at the conference, I will not be charged a fee to attend the conference.
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Bibeka Shrethsa quotes me in her article, “6th Circ. DSW Ruling Reveals New Data Breach Coverage Path”

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In her article, 6th Circ. DSW Ruling Reveals New Data Breach Coverage Path, author Bibeka Shrestha writes about a recent ruling from the United States Court of Appeals for the Sixth Circuit.  The decision, Retail Ventures, Inc. v. National Union Fire Insurance Co. of Pennsylvania, — F.3d —, No. 10-4576/4608, slip op. (6th Cir. Aug. 23, 2012), affirmed the trial court ruling[1] that there was coverage relating to a data breach under a crime policy.  Specifically, the court found coverage under the Computer Fraud and Funds Transfer endorsement in the National Union insurance policy.

The article opens:

The Sixth Circuit’s Thursday ruling that a computer fraud rider in DSW Inc.’s crime insurance policy covers losses from hackers’ theft of customer credit card data shows that policyholders without cyber policies can turn to yet another common policy to score data breach coverage, experts say.

The article then explains that the appellate court affirmed the trial court’s ruling “The appeals court upheld a ruling that AIG Inc. subsidiary National Union Fire Insurance Co. of Pittsburgh, Pa., owed $6.8 million to cover a slew of losses the popular shoe retailer suffered after hackers lifted the credit card and checking” information related to customers and multiple stores.  Ms. Shrestha quotes me in the article, in which I opined that this should be a very helpful decision for getting coverage for data breaches.  You can see the quote and the rest of the article, after the jump, and the full content is available if you or your firm subscribe to the Insurance Law360 site and its content.

Want to read the other opinions and thoughts offered on the subject?  Then click on over to 6th Circ. DSW Ruling Reveals New Data Breach Coverage Path to read the entire article.

1 I’ve referenced the excellent trial court decision in multiple pieces that I’ve written about insurance coverage for data breaches, with this article specifically discussing the trial court ruling.

Disclaimer:

This blog is for informational purposes only. This may be considered attorney advertising in some states. The opinions on this blog do not necessarily reflect those of the author’s law firm and/or the author’s past and/or present clients. By reading it, no attorney-client relationship is formed. If you want legal advice, please retain an attorney licensed in your jurisdiction. The opinions expressed here belong only the individual contributor(s). © All rights reserved. 2012.