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Zurich Insurance seeking immunity from covering Sony over breach

posted onJuly 23, 2011
by l33tdawg

Sony's insurer is contesting any obligation to cover the electronics giant for costs related to lawsuits filed over its massive PlayStation Network breach earlier this year.

In a complaint filed with the state Supreme Court in New York, Zurich American Insurance Co. is seeking "declaratory relief" from having to defend and possibly compensate Sony over class-action lawsuits or state attorneys general actions filed in response to the breach.

The complaint contends that Sony has been named in 58 class-action lawsuits, including three in Canada. Zurich argues that it is not liable to indemnify Sony for these costs because its policy with the company only covers claims for bodily injury, property damage or personal and advertising injury. Sony's policy contains "certain exclusions" related to "class-action complaints and miscellaneous claims," according to the complaint, filed Wednesday.

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