Copywrong Insuring Against Intellectual Property Losses

Insights: Publications Copywrong Insuring Against Intellectual Property Losses

Business Law Today

October 1, 1999

Written by Caroline W. Spangenberg

Intellectual property claims can involve staggeringly large sums. They are also becoming more frequent. Consequently, whether an insurance policy will cover all or part of the damages, or even just defense costs, is crucially important to many companies. The question, of course, is just how much insurance are you likely to get (at least without protracted coverage litigation) from your carriers? Like most legal questions, the answer is, "It depends." It depends on a number of things.