October 27, 2021
Billabong's parent company and its insurers told a California federal court they had agreed to settle two lawsuits over coverage for a 2019 cyberattack, one by the company asking for more payments from one insurer and the other by that insurer seeking to share coverage with two AIG units.
October 19, 2021
An insurer of Billabong's parent company on Tuesday asked to consolidate two cases stemming from a 2019 cyberattack, with one suit brought by the company seeking more payments from the insurer and one brought by the insurer claiming two AIG units must share coverage.
September 29, 2021
Great American Insurance told a California federal court it overpaid millions of dollars to Billabong's parent company for losses it claimed resulted from a 2019 ransomware attack that were not actually covered, saying the company must return the uncovered amounts.
July 27, 2021
As a sportswear company was dealing with a ransomware attack demanding about $25 million in bitcoin payments to unlock its systems, Great American Insurance Co. was dragging its feet during the ordeal, the company alleged in a new lawsuit.