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Insurers Drop Bid to Exclude Merck's $1.4B NotPetya Claims
Jan. 5, 2024, 8:20 p.m. |
BankInfoSecurity.com RSS Syndication www.bankinfosecurity.com
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.
action amp cases claims companies court decision exclusions insurance merck notpetya pay settlement
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