CR 00 23 Commercial Crime Policy (Loss Sustained Form)

An Insurance Services Office (ISO) standard form. Standalone commercial crime policy, written on a loss sustained basis, covering employee theft, forgery or alteration, theft inside and outside the premises, computer and funds transfer fraud, fraudulent impersonation, and money orders and counterfeit money.

1. 06 22 edition

   Jun 2022, compared with 11 15Latest edition

   • New ERISA plan official dishonesty and employee theft of clients' property insuring agreements were added.

     11 15

     Not in this edition

     06 22

     “ERISA Plan Official Dishonesty”

   • A forgery of payment card instruments insuring agreement was added for credit, debit or charge cards issued to you or your employees.

     11 15

     Not in this edition

     06 22

     “Forgery Of Payment Card Instruments”

   • A fraudulent impersonation insuring agreement was added for payments sent on fake change-of-account or transfer instructions from someone posing as an authorized person, client or vendor.

     11 15

     Not in this edition

     06 22

     “Fraudulent Impersonation”

   • Discovery of loss is now measured by when a designated person, such as an officer, partner or risk manager, becomes aware of it.

     11 15

     Not in this edition

     06 22

     “"discovered" by a "designated person" during the Policy Period”

2. 11 15 edition

   Nov 2015, compared with 05 06

   • Computer fraud and funds transfer fraud were combined, and coverage now applies to fraudulent entry or change of electronic data or computer programs in a computer system you own, lease or operate.

     05 06

     “resulting directly from the use of any computer to fraudulently cause a transfer of that property”

     11 15

     Removed

   • A new exclusion bars fees, costs, fines and penalties related to access to or disclosure of another person's or organization's confidential or personal information.

     05 06

     Not in this edition

     11 15

     “Data Security Breach”

• Edition in use: in the past 12 months, 4 companies filed the 06 22 edition.
• CR 00 21 (Commercial Crime Coverage Form (Loss Sustained Form)) is filed alongside it most often, in 51 of the same filings (98%).

Data from admitted P&C filings with state insurance departments, submitted Oct 2021 to Sep 2026, excluding withdrawn and rejected filings. One filing can cover several affiliated companies.

• CR 00 21Commercial Crime Coverage Form (Loss Sustained Form)51 filings
• CR 00 25Government Crime Coverage Form (Loss Sustained Form)49 filings
• CR 00 27Government Crime Policy (Loss Sustained Form)49 filings
• CR 00 29Commercial Fidelity And Forgery Policy (Loss Sustained Form)49 filings
• CR 20 08Convert To An Aggregate Limit Of Insurance49 filings
• CR 20 14Loss Payable49 filings
• CR 20 15Joint Loss Payable49 filings
• CR 20 16Provide Notice Of Cancellation Or Termination To Another Entity49 filings
• CR 20 18Include Joint Venture Or Partnership As Insured(s)49 filings
• CR 04 01Employee Theft Of Clients' Property48 filings