Feature

3 Phishing Insurance Coverage Cases To Watch

Law360 (April 19, 2018, 7:04 PM EDT) -- Policyholders and insurers alike are eagerly anticipating guidance from a trio of federal appeals courts on whether email-based "phishing" theft schemes trigger coverage under computer fraud insurance policies, a question that has divided jurists around the country in recent years.

Here, Law360 breaks down the computer fraud coverage cases pending before the Second, Sixth and Eleventh circuits.

Medidata Solutions v. Federal Insurance Co.

The Incident

In September 2014, an employee in the accounts payable department for information technology company Medidata Solutions Inc. received an email from a Gmail account purportedly belonging to the company's president that requested a transfer of funds...

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