Insured: Fraudulent Wire Transfer Triggered Policy’s Computer Fraud Provision

Mealey's (February 28, 2018, 12:23 PM EST) -- NEW YORK — Responding to an insurer’s appeal in the Second Circuit U.S. Court of Appeals, an insured argues in a Feb. 27 brief that coverage for its multimillion-dollar loss due to a fraudulent wire transfer scheme exists under the computer fraud provision of its executive protection insurance policy (Medidata Solutions Inc. v. Federal Insurance Co., No. 17-2492, 2nd Cir.)....