Debit Card Firm To 11th Circuit: Crime Protection Policy Covered Chit Fraud Loss

Mealey's (June 21, 2017, 11:33 AM EDT) -- ATLANTA — Arguing that an $11 million debit card fraud scheme utilized its computer system, a card management firm argues in a June 13 brief to the 11th Circuit U.S. Court of Appeals that a trial court erred in finding that its crime protection insurer was not obligated to provide coverage for the resulting loss under a computer fraud provision (Hi Technology Corp., et al. v. Great American Insurance Co., No. 17-11712, 11th Cir.)....