January 13, 2026
An insurance company, an IT company and an investment firm have reached a settlement in the insurer's federal lawsuit in Colorado that alleged it owed no coverage to the IT company, which a jury found liable for making misrepresentations and breaching its cybersecurity agreement with the investment company.
August 21, 2025
A Colorado federal court refused Thursday to separate and stay an information technology company's bad faith claims against a Chubb unit and malpractice claim against a law firm in a dispute over coverage for a $3.4 million underlying judgment.
May 28, 2024
Chubb unit ACE American Insurance Co. told a Colorado federal court it owes no coverage to an IT company found liable by a jury for making fraudulent misrepresentations and breaching its cybersecurity agreement with an investment company, arguing the parties' post-verdict settlement was merely a workaround to "create insurance coverage."