Bloomberg Law
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Law
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

T-Mobile Wins Data Breach Coverage From Zurich Insurance Unit (1)

Nov. 28, 2022, 10:07 PM

T-Mobile USA is entitled to coverage from a Zurich American Insurance unit for $17.3 million in losses stemming from a 2015 data breach, a Washington state appeals court ruled.

Steadfast Insurance Co. must cover T-Mobile’s loss because the network giant already satisfied the $10 million deductible requirement under the $15 million policy, Judge Bill Bowman of the Court of Appeals of the State of Washington said Monday. He sent the case back to a trial court.

“We conclude that Steadfast must provide coverage under the policy because T-Mobile incurred $17.3 million in loss as defined by the policy, a loss ...