September 06, 2022
The Eleventh Circuit on Tuesday agreed with a lower court that a Florida title company isn't entitled to insurance coverage after mistakenly wiring funds to an alleged fraudster posing as a mortgage lender because the intended recipient wasn't included under the policy's terms.
May 16, 2022
A real estate title company is not entitled to coverage for its wire fraud loss, a Chubb unit told the Eleventh Circuit on Monday, saying a Florida court rightfully held that the title company's policy only offered cybercrime protection under specific, clearly defined circumstances.
April 01, 2022
A real estate title company told the Eleventh Circuit that a Chubb unit should have to cover its wire fraud loss, arguing that the lower court misconstrued the scope of application representations requiring the company to take extra steps to protect against cybercrimes.