Target Corporation v. ACE American Insurance Company et al

  1. August 18, 2023

    Target, Insurers Ask Court To Decide Breach Coverage Method

    Target Corp. and its insurers asked a Minnesota federal court to clarify before a jury trial which method would be used to determine its covered losses stemming from $138 million in bank settlements after a 2013 data breach.

  2. March 23, 2022

    Target Wins Data Hack Coverage From Chubb In Reversal

    Two Chubb units must cover Target Corp. for losses from $138 million in bank settlements over a 2013 data breach, a Minnesota federal judge ruled, reversing the court's prior decision and finding that the retail giant did indeed suffer a "loss of use" of tangible property.

  3. February 08, 2021

    Chubb Beats Target's Data Hack Coverage Bid

    A Minnesota federal judge freed two Chubb Ltd. units from paying for Target Corp.'s losses from $138 million in bank settlements over a 2013 data breach, holding Monday that the retail giant failed to allege "loss of use damages" covered under the policy.

  4. July 27, 2020

    Target Says Chubb Can't Weasel Out Of Data Hack Coverage

    Target Corp. is fighting Chubb Ltd.'s bid to avoid covering losses from $138 million in bank settlements over a 2013 data breach, saying that units of the insurer failed to show that the credit card data hack had not caused "loss of use of tangible property."

  5. June 25, 2020

    Chubb Aims To Ax Target's Data Breach Coverage Claim

    Chubb Ltd. urged a Minnesota federal court to rule that it does not have to cover Target Corp.'s losses stemming from bank settlements over a 2013 data breach, arguing that the hack did not cause a "loss of use" for the store customer's credit cards.

  6. May 26, 2020

    Target Says Chubb Can't Escape Data Breach Coverage

    Target Corp. urged a Minnesota federal court Tuesday to rule that Chubb Ltd. should cover its losses stemming from bank settlements over a 2013 data breach, saying that the hacking of credit card data triggers coverage for "lost use of tangible property."

  7. November 15, 2019

    Target Sues Chubb For Coverage Of Data Breach Claims

    Target Corp. sued units of Chubb Ltd. in federal court Friday for allegedly denying coverage for claims brought by banks whose customers were affected by the massive 2013 data breach against the store, saying the replacement of compromised credit cards triggers policy coverage for tangible property.