AIG Computer-Hack Policy Covers Medicare Fraud, Atty Says

Law360, New York (September 11, 2013, 5:15 PM EDT) -- The computer fraud insurance policy an American International Group Inc. subsidiary provided to health insurer Universal American Corp. wasn't limited to hackers and should cover an $18 million Medicare fraud, Universal American's attorney told a New York state appeals court panel Wednesday.

Richard H. Dolan of Schlam Stone & Dolan LLP, who represents Universal American, said that if AIG's National Union Fire Insurance Co. of Pittsburgh, Pa., wanted to limit the policy to cover only hackers into Universal American's Medicare claims system and not also the...
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