Chubb, Kyocera Units Face Insurance Suit Over 2023 Data Breach

Michigan-based Miracle Software Systems Inc. is suing Chubb unit ACE American Insurance Co. and Kyocera AVX Components Corp., alleging breach of contract and seeking declaratory judgment regarding insurance coverage over a 2023 “security incident.”

The lawsuit arises from an underlying arbitration matter between Miracle Software and Kyocera AVX Components Corporation related to a cybersecurity incident that allegedly occurred in 2023. “A Miracle Software employee used an infected personal laptop which allowed a threat actor to carry out a cyberattack on KAVXs computer systems,” the complaint says.

The complaint involves a dispute over a Chubb DigiTech Enterprise Risk Management insurance ...