We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

CORRECTION: Great American Hit With $10M Claim Over Computer Fraud

Law360, New York (July 29, 2015, 8:35 PM EDT) -- A provider of prepaid cards and payment networks on Wednesday hit Great American Insurance Co. with claims in Georgia federal court that it wrongfully denied coverage for a cyberattack on its systems that resulted in more than $11 million in losses.

InComm Holdings Inc. said that its crime protection policy with Great American provides coverage for computer fraud, but that the insurer has refused to pay the $10 million limit under the policy. The company said in its complaint that it discovered that hackers had manipulated...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.