March 04, 2022
An insurance unit of The Hartford and a sausage company voluntarily dropped their coverage dispute over a $1 million fraudulent transfer that took place when a hacker tricked one of the policyholder's employees into sending the money out of a client's bank account.
September 19, 2019
A Texas federal judge has ruled that Twin City Fire Insurance Co. wrongfully denied coverage to Quality Sausage Co. and its subsidiary after a hacker tricked an employee into transferring $1 million out of a client's bank account, ruling that the insurer "breached a duty that it owed."
January 17, 2017
Quality Sausage Co. and a subsidiary filed suit against Twin City Fire Insurance Co. in Texas federal court Friday, alleging that the insurer wrongfully denied coverage after a hacker tricked one of the unit's employees into transferring $1 million out of a client's bank account.