In yet another troubling decision to the crime insurance industry, on Dec. 6, a federal district court, applying Oregon law, found coverage for a ransomware payment under a Computer.
Surety bond litigation cases, including Miller Act cases, dropped to the lowest number in a decade in 2021, while total amount of damages awarded remained generally steady over the past ten years.
Plaintiffs claim damages of at least $350,000 for what they say is shoddy design and construction work on their new home. (BizSense Pro subscription required)
Standard fidelity policies provide coverage for loss of money, securities, and other property directly resulting from employee theft. While most fidelity policies define what.
In SJ Computers LLC v. Travelers Casualty and Surety Company of America, the U.S. District Court for the District of Minnesota recently addressed the scope of insurance available for a.