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Erie Insurance Facing 2 Class Actions Claiming Data Breach
Not one but two class action lawsuits have been filed against Erie Insurance even as the insurer continues to investigate its cybersecurity incident. One lawsuit was filed by an Illinois customer, Neil Plascencia; the other by Amy Haas, a former...
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Cyberattack Surge Creates Opportunity for Insurers, Prompts Rethink on Premiums
A recent surge in high-profile cyberattacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to cash in from a rapidly expanding market — and prompting a rethink on premiums. As artificial intelligence makes attacks...
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