December 22, 2021
The Fifth Circuit on Wednesday ruled an AIG unit doesn't have to cover a real estate software company for a $6 million loss in a phishing scam involving rental income for the company's property manager clients, saying the software company didn't control the funds at the time they were stolen.
November 01, 2021
A Fifth Circuit panel appeared skeptical Monday of a real estate software company's argument that an American International Group Inc. unit must cover its $6 million loss to a phishing scam, questioning who was in control of the funds when they were stolen.
July 23, 2021
An AIG unit told the Fifth Circuit on Friday that real estate software company RealPage isn't entitled to coverage for a $6 million loss in a 2018 phishing scam, saying the software company wasn't holding the money when it was stolen.
May 25, 2021
Real estate software company RealPage asked the Fifth Circuit to revive its bid for coverage of a $6 million loss in a 2018 phishing scam, saying its use of a third-party digital payment service should not preclude it from coverage.