The Superior Court of New Jersey Appellate Division recently upheld a lower court’s finding that the war exclusion in a property insurance policy did not preclude coverage for Merck’s claim stemming from a 2017 cyberattack. The decision is appropriately heralded as a huge win for policyholders and affirms New Jersey’s longstanding history of protecting policyholders’ reasonable expectations.[1]
Insurance policies typically contain some form of a war exclusion, which generally bars coverage on