Federal Court Agrees Insurance Policy Covers $5 Million Crime Against Insured Company

A federal court recently backed an insured company in a case against their insurers for denying benefits after a nearly $5 million email scam theft. In Medidata Solutions v. Federal Insurance Co., Medidata contended their insurance policy with Federal Insurance did in fact cover their losses in the company’s crime policy with the insurer, which the insurance company originally denied. Read more about this fascinating case here.