Oil Company’s Lawsuit Over Coverage of Ransomware Attack Renewed

A regional petroleum distributor gets another chance to force Continental Western Insurance Co. to cover nearly $35,000 in bitcoin payments the distributor made during a ransomware attack, the Indiana Supreme Court ruled.

Neither G&G Oil Co. of Indiana nor its insurer is entitled to summary judgment at this stage, and more details are needed to properly sort out the coverage dispute, the state’s high court said Thursday.

The unanimous decision reverses a trial court ruling in favor of Continental Western, allowing it to dodge payouts for bitcoin G&G sent to hackers in 2017. G&G’s lawsuit now heads back to the ...