December 14, 2023
Home Depot urged the Sixth Circuit to reverse a lower court's ruling that its insurers don't owe over $50 million in coverage for defense and settlement costs for a 2014 data breach, maintaining that the court incorrectly applied the policies' electronic data exclusion to bar coverage.
August 16, 2023
Home Depot is not owed over $50 million in coverage for defending and settling a 2014 data breach suit over stolen credit card information, an Ohio federal judge ruled, finding an electronic data exclusion in its primary and excess policies bars coverage.
May 15, 2023
A recent Eleventh Circuit ruling that a policy's text trumps parties' intention when determining coverage does not support Home Depot's bid for $50 million in coverage for litigation over stolen credit card information, two insurers said.
January 02, 2023
Courts will once again ponder in 2023 whether hack-related credit card cancellations qualify as tangible losses under a noncyber policy and address whether cyberattacks with elements of both hacking and social engineering are covered under computer fraud insurance provisions. Here, Law360's Insurance Authority takes a look at cyber coverage cases to watch in the coming year.
November 21, 2022
Home Depot and its insurers argued in Ohio federal court over whether the chain was due $50 million in coverage for defending and settling a 2014 data breach suit over stolen credit card information.
October 14, 2022
Two insurers said they have no coverage obligations to Home Depot for costs incurred in settling claims over a data breach that compromised millions of customers' payment cards, telling an Ohio federal court that the retailer is attempting to convert its commercial general liability coverage into cyber coverage.
September 01, 2022
Two insurers should have to cover costs Home Depot incurred in defending and settling claims from a data breach that compromised millions of customers' payment cards, the retailer told an Ohio federal court, saying the underlying claims to reimburse banks for reissuing cards fall within the policies' coverage.
April 08, 2021
Home Depot slammed three insurers with an Ohio federal suit on Thursday, alleging they owe $50 million in coverage for the retailer's settlement of a 2014 data breach suit that compromised the "security and safety" of millions of its customers' payment cards.