Media Tech Insurer, Financial Services Firm Settle Data Breach Coverage Dispute

( February 19, 2025, 8:30 AM EST) -- SEATTLE — A media tech insurer that filed suit and its financial services firm insured filed a notice in a Washington federal court indicating they have settled the insurer’s lawsuit seeking a declaration that it has no duty to defend or indemnify the insured for a bank’s indemnification demand for a data breach incident and a related subrogation lawsuit brought by the bank’s insurer....