Two recent court decisions reinforce the notion that when policies refer to coverage for losses that are directly related to a particular cyber event, it means losses where the proximate cause is the cyber event. Companies with cyber coverage may want to consider action to enforce coverage provisions.
Tesla Board compensation derivative suit: Implications of the Final Judgment
In the follow-up to a prior Insights, CRA’s Aaron Dolgoff, Zawadi Lemayian, and Rahul Chhabra, examine the Delaware Chancery Court’s Final Judgment that...