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Federal Judge: 'The Policy Giveth And 'The Policy Taketh Away'

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LEXINGTON, Ky. - A Kentucky federal judge on March 27 found that an insurer has no duty to defend or indemnify its insured against underlying allegations that it misappropriated trade secrets by improperly accessing a claimant's customer database and obtaining and using confidential customer information for its commercial benefit (Liberty Corporate Capital Limited v. Security Safe Outlet Inc., No. 5:12-cv-178-KSF, E.D. Ky., Central Div.; 2013 U.S. Dist. LEXIS 42975)....(read more)

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