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Follow the Money: No Homeowners Coverage for Employee Sued Individually for Data Theft

Posted in Data Breach, Illinois, Insurance

The Seventh Circuit Court of Appeals ruled on January 11, 2013 that there is no coverage under a homeowner’s policy for an employee of an accounting firm who had a CD stolen from her car. The CD contained financial information and other PII of 30,000 members of a pension fund and client of the accounting… Continue Reading