February 25, 2021
Insurers don't have to cover RealPage Inc. in a $6 million phishing scheme suit, a Texas federal judge ruled Wednesday, saying the real estate software company didn't have a direct loss under computer fraud coverage as the funds were held by a third-party payment processor at the time they were stolen.
November 16, 2020
Two insurance companies have asked a Texas federal court to throw out RealPage Inc.'s suit accusing them of wrongfully denying coverage on the software firm's claims of $6 million in losses due to a phishing scheme, arguing they're not liable because the losses were indirect.
April 02, 2020
Texas-based property management software company RealPage Inc. can sue a Pennsylvania insurance company over its alleged violation of a Texas law in order to recover $6 million in losses stemming from a $10 million phishing scheme, a Texas federal judge has found.