Hostile/Warlike Action Exclusion Does Not Bar Coverage For Cyberattack Losses

(May 2, 2023, 1:50 PM EDT) -- TRENTON, N.J. — A New Jersey appeals panel on May 1 held that insurers and reinsurers failed to demonstrate that a “Hostile/Warlike Action” policy exclusion applied to bar coverage for insureds’ losses arising from a June 2017 malware/cyberattack, affirming a lower court’s grant of summary judgment in favor of the insureds....