Home Depot, Inc., et al v. Steadfast Insurance Company, et al
Case Number:
23-3720
Court:
Nature of Suit:
Companies
Sectors & Industries:
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February 05, 2024
No CGL Coverage For Home Depot Data Breach, 6th Circ. Told
Two insurers have told the Sixth Circuit they owe no commercial general liability coverage to Home Depot for its $172 million settlement with financial institutions over a 2014 breach of customer payment information, arguing an electronic data exclusion wholly barred coverage for the institutions' claimed losses.
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December 14, 2023
Home Depot Brings $50M Data Breach Loss To 6th Circ.
Home Depot urged the Sixth Circuit to reverse a lower court's ruling that its insurers don't owe over $50 million in coverage for defense and settlement costs for a 2014 data breach, maintaining that the court incorrectly applied the policies' electronic data exclusion to bar coverage.