June 22, 2026
An Illinois agency that administers financially distressed insurers' estates was correctly denied coverage of its own insurance claim stemming from fraudulent emails that caused employees to wire nearly $7 million away from the agency purportedly at the financial chief's direction, the Seventh Circuit ruled.
May 12, 2026
An Illinois agency that administers financially distressed insurers' estates Tuesday urged the Seventh Circuit to revive its lawsuit seeking insurance coverage for a cyberattack during which its financial chief provided confidential login information to hackers, who used his email account to instruct employees to wire them nearly $7 million.