Insurers Drop Bid to Exclude Merck's $1.4B NotPetya Claims
Data Breach Today
JANUARY 5, 2024
A Settlement Has Been Reached. So, How Might This Affect Similar Cases? A proposed settlement has been reached between Merck & Co. and several insurers that were appealing a 2023 court decision saying the insurance companies could not invoke "hostile warlike action" exclusions in refusing to pay drugmakers' claims filed after the 2017 NotPetya cyberattack.
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