First Commonwealth Bank’s insurance company could still be on the hook for covering a $3.5 million loss after a Russian hacker got access to an energy company executive’s account information.
U.S. Magistrate Judge Maureen P. Kelly of the Western District of Pennsylvania rejected the motion to dismiss filed by St. Paul Mercury Insurance Co. in response to the bank’s breach of contract claim filed after the insurance company declined to reimburse the lost money.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
