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Site Jab v. Hiscox Insurance Co., Inc.

Court: SD Tx  12/31/2024  Employee Theft of Electronic Data is Not Direct Physical Damage to or Direct Physical Loss of Business Personal Property

A court of the Southern District of Texas granted an insurer's motion for summary judgment, holding theft of confidential client information and intellectual property is not "direct physical damage to or direct physical loss of" "business personal property" under Business Owner's Insurance Policy.

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