Lloyd’s of London is preparing a demurrer to a lawsuit by the Regents of the University of California over coverage for a data breach, attorneys told a Los Angeles County judge Monday, saying the university did not keep its promise to protect its systems.
“It’s like purchasing a property policy and representing that you have sprinklers in your building. And the fire comes and you don’t,” said Mark E. Christensen of Christensen Hsu Sipes LL...
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