Nationwide Not Liable For Costs From Stolen Data: 7th Circ.

Law360, New York (January 11, 2013, 5:02 PM EST) -- The Seventh Circuit on Friday affirmed that Nationwide Insurance Co. is not responsible for covering costs related to the theft of personal information from an accounting firm employee’s car because her policy excluded coverage for property in the care of the policyholder.

The appeals court upheld a lower court ruling determining that the insurer is off the hook for nearly $200,000 in credit monitoring and insurance expenses in a suit brought by a group of pension funds. Those funds are suing policyholder Jeanne Hentz after a...
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