The insurance policy phrase “direct physical loss of or damage to” has been prominent in the news the past few years thanks to the spate of business interruption cases stemming from the pandemic, but one state high court recently had occasion to examine that policy language in a different context: cybersecurity.
State Appellate Court Upholds $149M Punitive Damages Award Against Hyatt
In Dugan v. Hyatt Corporation, the three-judge panel rejected Hyatt’s