With developments in technology, new forms of fraud have arisen that are leading to more business insurance claims. Coverage disputes for losses caused by fraud are becoming more complicated, and courts have differed when defining what exactly constitutes a “direct loss.” To best protect themselves, insurance companies and their insurance lawyers need to take a look at the policy language and the types of technology that contribute to fraud.
The insurance industry is an international, multi-billion dollar business vertical affecting a very significant percentage of Americans. Insurance defense cases usually arise out of a policy interpretation dispute, where a policyholder will interpret the policy one way and an insurance company will interpret it another way. At MehaffyWeber, our experienced insurance defense lawyers have successfully handled large, complex insurance coverage claims on behalf of a variety of insurance companies. During our time representing insurance companies, we have successfully handled high-stakes coverage litigation in state and federal courts throughout the United States.