Tag Archives: Losses

Crime Policy Doesn’t Cover Employee Credit Card Overcharge Losses

A recent coverage dispute involving a Nevada club’s losses resulting from its employees’ theft from the club’s customers’ credit cards raises interesting issues with implications for coverage questions for other kinds of losses for which policyholders are seeking crime policy … Continue reading

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Sixth Circuit finds insurance coverage for phishing losses

By Donna Ruscitti “The risk of loss due to some form of cyberattack should prompt employers to consider insuring against those losses. But, not all cyberinsurance policies are created equal.” Our colleague, Brian Hall, writes in the most recent Employer … Continue reading

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American Finance Trust (AFIN) Lists on NASDAQ- Revealing Heavy Investor Losses

American Finance Trust, Inc. (“AFIN” or the “Company”) listed its shares on Nasdaq Global Select Market (“Nasdaq”) on July 19, 2018, with trading opening at $13.15 a share with. The listed AFIN shares have been the subject of a 2-for-1 … Continue reading

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6th Circ.: Crime Policy’s Computer Fraud Section Covers Email Scheme Losses

In the second policyholder-favorable federal appellate court decision on the issue in a matter of days, the Sixth Circuit has held that the Computer Fraud provisions of a commercial crime policy cover a company’s losses from an email payment instruction … Continue reading

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What You Can Do If You Have FS Energy & Power Fund Investment Losses

Stoltmann Law Offices is interested in talking to those individuals who may have investment losses in FS Energy & Power Fund, which is a business development company (BDC). According to the company’s website, it is a non-traded BDC that invests … Continue reading

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