9th Circuit Resuscitates Real Estate Phishing Victim’s Suit Against Hiscox

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A real estate firm that suffered a $200,000 loss can sue its commercial-crime insurer for refusing to cover the loss, a federal appeals court ruled on Wednesday, concluding that an employee’s unwitting participation in a phishing scheme did not change the policy’s interpretation of eligible fraud. The 9th Circuit Court of Appeals overturned a Los… Continue reading 9th Circuit Resuscitates Real Estate Phishing Victim’s Suit Against Hiscox