As businesses realize the importance of insulating themselves from Web-based loss and liability, carriers have begun offering coverage for e-commerce risks.In October 1998, eBay Inc. was forced to take a dubious action mostInternet companies try desperately to avoid-it suspended a member's accountfor "misconduct."

Allegedly engaged in shill bidding-artificially inflating the price ofone's own possessions to enhance its selling price-the Chicago-based membercircumvented the suspension by creating multiple false electronicidentities to gain access to the site, eBay claims.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access