Market Chatter: Allstate's National General Faces Lawsuit Over Failure to Report Data Breach

MT Newswires Live
10 Mar

Allstate's (ALL) National General unit is being sued by New York state for failing to report a data breach that exposed license numbers and for lacking adequate security measures to protect drivers' private information, Reuters reported Monday.

The lawsuit was filed in a Manhattan state court by New York Attorney General Letitia James, according to the report.

Data breaches at National General in 2020 and 2021 exposed license numbers of more than 199,000 people, including 165,000 New Yorkers, the report added, citing James.

Allstate and National General did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 201.78, Change: +2.05, Percent Change: +1.02

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10