Insurance Technologies Corp. to Pay $11 Million Over Data Breach

Insurance Technologies Corp. is on track to pay $11 million as part of a class settlement over a 2021 data breach that affected more than 4.3 million people, according to a grant of preliminary approval by a Texas federal judge.

Jay Heath, Edward Shapiro, and Daisy Becerra Lopez claim that the insurance software company, a subsidiary of Zywave Inc., failed to safeguard customer information. That allowed hackers to access their names, addresses, phone numbers, driver’s license numbers, Social Security Numbers, dates of birth, email addresses, genders, usernames, and passwords.

On Monday, Judge David C. Godbey of the U.S. District Court ...