Final hours to claim $2,500 over data breach settlement affecting 6 major insurance companies...
A $6 million settlement is available to customers of six insurance companies affected by a 2024 data breach, offering up to $2,500 in compensation.Summary
Thousands of Americans may be eligible for compensation from a $6 million settlement related to a data breach that occurred between May 13 and June 17, 2024. The breach compromised personal health-care information of customers from six life insurance companies: American Benefit Life Insurance Company, American Monumental Life Insurance Company, Capitol Life Insurance Company, Continental Mutual Insurance Company, Liberty Bankers Life Insurance Company, and Accendo Insurance Company, as well as Landmark Admin, a third-party administrator.
The lawsuit alleges that Landmark Admin failed to implement adequate cybersecurity measures, leading to the leak of sensitive data, including Social Security numbers, financial information, and health insurance data. While the companies haven't admitted wrongdoing, they've agreed to the settlement. Affected customers can claim up to $2,500 for provable out-of-pocket losses resulting from the breach, such as fraud or identity theft, requiring documentation like bank statements or police reports.
Those unable to prove financial losses can claim up to $30, though this amount may be reduced based on the number of claims filed. The deadline to submit a valid claim is December 26, 2025. This settlement follows a similar case involving Integris Health, which agreed to pay up to $25,000 per patient in a separate data breach settlement.
(Source：The Sun)