Liberty Mutual has sued Schnuck Markets, denying indemnification obligations under a CGL policy for Schnuck’s data breach involving 2.4 million credit and debit cards. In April 2013 Schnuck reported a data breach involving approximately 2.4 million credit and debit cards used at 79 grocery stores that occurred between December 2012 and March 29, 2013. Since then, 8 lawsuits (including class… Continue Reading
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Welcome to CyBIR - our Cyber and Privacy Breaches: Insurance and Reinsurance blog. Our CyBIR blog is intended to provide current and topical information as well as insightful commentary on the insurance and reinsurance implications of cyber risks and privacy breaches.