(Bloomberg) – Anthem Inc. agreed to pay $115 million toresolve consumer claims over a 2015 cyberattack that compromised data on 78.8 million people,marking what attorneys in the case called the largest data breachsettlement in history.

The proposed accord, which would end class-action lawsuits filedin several states, requires approval from a federal judge in SanJose, California. Anthem sells coverage under the Blue Cross andBlue Shield brand in 14 states.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.