Merck Settles Coverage Dispute With Insurers Over War Exclusion in NotPetya Attack January 5, 2024 By Insurance Journal staff Merck & Co. Inc. has reportedly reached a deal with insurers over a closely-watched coverage dispute related to a massive...
N.J. Appeals Court Rules War Exclusion Doesn’t Apply to NotPetya Attack May 4, 2023 By Jim Sams Insurers may not use a war exclusion to deny coverage to Merck & Co. for a 2017 cyberattack blamed on...
Cyber Insurers Face Hefty Ukraine War-Related Claims, Despite Fine Print March 31, 2022 By Carolyn Cohn and Noor Zainab Hussain LONDON –– Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording...
N.J. Court: Insurer Cannot Cite War Exclusion to Deny Coverage for NotPetya Attack February 23, 2022 By Chad Hemenway Last month the Superior Court of New Jersey ruled insurers cannot use a policy exclusion to avoid covering about $1.4...
9th Circuit: Policy’s War Exclusion Doesn’t Apply to Attacks by Hamas July 16, 2019 By Jim Sams Missiles fired by Hamas from the Gaza Strip into Israel did not constitute an act of war that triggered an...