Computer Fraud Insurance: Coverage for Ransomware and Cybercrime After G&G v. Continental Western
Recording of a 90-minute CLE video webinar with Q&A
This CLE course will explore coverage under non-standalone cyber insurance policies for computer fraud and ransomware, examining such coverage under property, crime, kidnap & ransom, and D&O, among others.
Outline
- Coverage under crime policies vs. under cyber liability and data security policies
- G&G Oil Co. v. Continental Western Ins. Co.
- Application of case law to policy forms
- Strategies and practical considerations
Benefits
The panel will review these and other pivotal issues:
- Under what types of coverage might insureds seek coverage for losses due to ransomware, other than cyber?
- On what grounds might insurers challenge coverage under non-standalone cyber policies for ransomware and hacking related losses?
- Is the ransom payment covered?
- How have courts interpreted the clause "resulting directly from the use of a computer"?
- What facts may demonstrate that computer access was "fraudulent"?
Faculty
Peter A. Halprin
Partner
Pasich
Mr. Halprin represents commercial policyholders in complex insurance coverage matters with a focus on recovery... | Read More
Mr. Halprin represents commercial policyholders in complex insurance coverage matters with a focus on recovery strategies in relation to cyber breaches and cyber crime, COVID-19 and natural disasters, professional services, regulatory investigations, and technology disputes. Over the course of his career, he has arbitrated, litigated, and mediated claims involving a broad range of insurance policies and recovered hundreds of millions of dollars in insurance proceeds for policyholders.
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Judith A. Selby
Partner
Kennedys
For more than 25 years, Ms. Selby has served as a trusted advisor to insurers across a wide variety of industries.... | Read More
For more than 25 years, Ms. Selby has served as a trusted advisor to insurers across a wide variety of industries. Focused primarily on insurance coverage matters, she represents clients in all phases of large scale, complex first and third party insurance issues. Ms. Selby has extensive experience handling insurance coverage trials in the U.S. and international arbitrations in London. She also helps clients navigate insurance due diligence in connection with mergers and acquisitions, as well as run off and adverse development cover transactions.
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