2023-564-E-Housing Dept-ONLINE Information Services-Employment Verification service

Browse Search

Associated Industries Insurance Company, Inc. 800 Superior Avenue Cleveland, OH 44114 CYS 0122 5 Cyber Event means any Privacy Breach or Cyber Attack. Cyber Event Costs means any: (A)Forensic Costs; (B)Data Breach Response Costs; (C)Voluntary Notification Costs; (D)Legal and Regulatory Advice Costs; (E)Public Relations Costs; (F)Cyber Event Guidance Costs; or (G)Rewards. Cyber Event Guidance Costs means the reasonable and necessary costs for an Expert to provide guidance and direction to the Insured with respect to a crisis directly resulting from a Cyber Event. Cyber Terrorism means any actual, alleged, or threatened attack on a Computer System, where such attack, whether committed or threatened, is motivated by economic, political, religious, or ideological objectives to harm or instill fear in any person or entity. Damages means any of the following, incurred as a result of a Claim: (A) amounts that an Insured is legally liable to pay to a Third Party in respect of judgments or arbitral awards rendered against an Insured; (B) monies payable by an Insured to a Third Party pursuant to a settlement agreement negotiated by such Insured with the prior written approval of the Insurer; and (C) punitive, exemplary or multiplied portion of multiple damages incurred by an Insured. Enforceability of payment for punitive, exemplary and the multiplied portion of multiple damages will be governed by the applicable law that most favors coverage for such damages. Damages do not include: (1) future profits, restitution, disgorgement of unjust enrichment or profits by an Insured; (2) loss, offset, restitution or return of fees, commissions, royalties, bonuses or profits of the Insured; (3) costs or expenses to comply with any order for, grant of or agreement to provide injunctive or other non-monetary relief; (4) taxes or loss of tax benefits; DocuSign Envelope ID: ED55B3D5-BAD0-45B4-977B-F09C4091C16A