Blog Posts in April, 2016
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The Rise of Cyber Insurance
Posted By Parker, LLPAs companies become wholly dependent on technology and the Internet for day-to-day business, the risk of cyber-attacks and data breaches are ever-present. These risks are largely unavoidable and are a part of doing business in today’s world. Companies are increasingly turning to insurance companies to obtain cyber insurance policies to protect against these mounting risks. KEY INDUSTRIES SEEKING ...Continue Reading -
Lying to an Insurer, Even if the Claim Has Been Denied, Can Land You in Jail
Posted By Parker, PLLCState v. Goodwin , 129 A.3d 316 (N.J. 2016) In January of 2016, the Supreme Court of New Jersey upheld the guilty conviction of second-degree insurance fraud for defendant Robert Goodwin (“Goodwin”), even though the insurer had denied the claim. This claim was denied based on discovery of the fraud during an Examination Under Oath (“EUO”), ultimately leading to criminal charges and a felony ...Continue Reading
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