A Kansas law firm ceased its lawsuit against Palomar Excess & Surplus Insurance Co. over coverage for a ransomware attack that shut down the firm’s operations for five business days.DeVaughn James LLC and Palomar stipulated to dismiss all claims against the insurer with prejudice in a filing Tuesday in the US District Court for the District of Kansas. The law firm notified the court last month that the parties had reached a settlement, according to a docket entry.DeVaughn James sued in August, alleging Palomar breached a $2 million cyber risk insurance policy by denying claims for lost profits …
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