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Central Mutual Insurance Co. v. Reliance Property Management Co.

Court: Tx 5-Dallas  05/25/2022  Court Affirms Judgment Finding Coverage For Cyber Liability Claim

The court found that while a "voluntary partings exclusion" and a Crime Coverages endorsement extending coverage for certain losses due to forgery and computer fraud were clear and unambiguous when read separately, when read together, they created an ambiguity and thus the trial court had acted properly when it denied the insurer's motions for judgment and rendered judgment on the jury verdict.

commercial lines, voluntary parting, fraudulent impersonation, forgery or alteration, computer and funds transfer fraud, ambiguity, construction, endorsement

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