Policyholder Files Suit for Cyber Attack and Argues Endorsement is Not Part of Policy

In Conesys, Inc., et al. v. Palomar Excess and Surplus Ins. Co. a policyholder filed a lawsuit alleging breach of contract and bad faith, among others, based on an insurer’s application of an “Extortion Threat Sublimit Endorsement” to a cyber attack….
By: Morris, Manning & Martin, LLP