Federal Judge: Computer Fraud Policy Provision Does Not Cover Insured’s Loss
Mealey's (March 20, 2017, 1:29 PM EDT) -- ATLANTA — A federal court in Georgia on March 20 entered judgment in favor of an insurer on an insured’s breach of contract and bad faith claims four days after a judge found that the insured’s losses arising from a 2014 hacking incident of its payment-card reloading system did not trigger coverage under the insurance policy’s computer fraud provision (InComm Holdings Inc., et al. v. Great American Insurance Co., No. 15-02671, N.D. Ga., 2017 U.S. Dist. LEXIS 38132).
(Judgment available. Document #13-170406-014Z. Opinion and order available. ...