No Computer Transfer Fraud Coverage Owed To Metal Manufacturer, 5th Circuit Affirms

Mealey's (February 5, 2021, 1:00 PM EST) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on Feb. 4 affirmed a federal court’s ruling in favor of an insurer, finding that a silicon metal manufacturer insured is not entitled to coverage under a commercial crime insurance policy’s Computer Transfer Fraud provision for its losses arising from cyber fraud....