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2nd Circ. Won't Rethink $4.8M Phishing Fraud Coverage Win

By Anne Cullen ( August 24, 2018, 4:40 PM EDT) -- A Chubb Ltd. unit failed to convince the Second Circuit to reconsider a decision that the insurer must shell out more than $4.8 million to cover losses Medidata Solutions Inc. incurred from an email-based fraud scheme, standing by the ruling that attorneys called a rare appellate win for the policyholder in a phishing coverage case....

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