No Coverage For IT Co.'s 'Collusive' Settlement, Insurer Says
No Coverage For IT Co.'s 'Collusive' Settlement, Insurer Says <https://www.law360.com/cybersecurity-privacy/articles/1841430?nl_pk=3dfd2fda-f577-4ca3-b044-105f63bbbdaf&utm_source=newsletter&utm_medium=email&utm_campaign=cybersecurity-privacy&utm_content=2024-05-29&read_main=1&nlsidx=0&nlaidx=12> By Ganesh Setty Chubb unit ACE American Insurance Co. told a Colorado federal court it owes no coverage to an IT company found liable by a jury for making fraudulent misrepresentations and breaching its cybersecurity agreement with an investment company, arguing the parties' post-verdict settlement was merely a workaround to "create insurance coverage." Complaint attached | Read full article » <https://www.law360.com/cybersecurity-privacy/articles/1841430?nl_pk=3dfd2fda-f577-4ca3-b044-105f63bbbdaf&utm_source=newsletter&utm_medium=email&utm_campaign=cybersecurity-privacy&utm_content=2024-05-29&read_more=1&nlsidx=0&nlaidx=12> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/1841430?nl_pk=3dfd2fda-f577-4ca3-b044-105f63bbbdaf&utm_source=newsletter&utm_medium=email&utm_campaign=cybersecurity-privacy&utm_content=2024-05-29&read_later=1&nlsidx=0&nlaidx=12>
participants (1)
-
Gunnar Larson