Tristar Insurance Group Settles $1M Class Action Over 2022 Data Breach
Tristar Insurance Group has agreed to a $1 million class action settlement following a November 2022 data breach that exposed the personally identifiable information (PII) of an estimated 38,037 individuals. The breach led to a lawsuit alleging inadequate security measures, though Tristar denies wrongdoing.
Who Qualifies for Compensation?
Eligible claimants are U.S. residents whose data was compromised in the breach and who received a notice around February 1, 2024. Payments vary by claim type:
- Out-of-pocket expenses: Up to $500 (with documentation).
- Lost time: Up to $100 (4 hours at $25/hour).
- Extraordinary losses: Up to $5,000 (with proof).
- Alternative cash payment: $100 (California residents) or $40 (non-California residents).
- Credit monitoring: Three years of three-bureau monitoring for all class members.
Key Deadlines & Process
- Claim submission: Online or by mail (postmarked by July 15, 2026).
- Opt-out deadline: June 15, 2026.
- Fairness hearing: June 23, 2026.
- Payouts: Expected 105 days after final court approval.
Settlement Fund Breakdown
- Attorneys’ fees: Up to $450,000.
- Class representatives: $4,000 total ($2,000 each).
- Security upgrades: Tristar will implement $150,000 in additional measures.
The settlement resolves allegations of negligence while avoiding prolonged litigation. Payments will be distributed via electronic transfer or paper check.
Source: https://www.claimdepot.com/settlements/tristar-data-settlement
Tristar Insurance Group TPRM report: https://www.rankiteo.com/company/tristar-insurance
"id": "tri1777389782",
"linkid": "tristar-insurance",
"type": "Breach",
"date": "4/2026",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'customers_affected': '38,037',
'industry': 'Insurance',
'location': 'United States',
'name': 'Tristar Insurance Group',
'type': 'Insurance Company'}],
'customer_advisories': 'Notices sent to affected individuals around February '
'1, 2024 with compensation details',
'data_breach': {'number_of_records_exposed': '38,037',
'personally_identifiable_information': 'Yes',
'sensitivity_of_data': 'High',
'type_of_data_compromised': 'Personally Identifiable '
'Information (PII)'},
'date_detected': '2022-11',
'date_publicly_disclosed': '2024-02-01',
'description': 'Tristar Insurance Group has agreed to a $1 million class '
'action settlement following a November 2022 data breach that '
'exposed the personally identifiable information (PII) of an '
'estimated 38,037 individuals. The breach led to a lawsuit '
'alleging inadequate security measures, though Tristar denies '
'wrongdoing.',
'impact': {'data_compromised': 'Personally Identifiable Information (PII)',
'financial_loss': '$1,000,000 (settlement amount)',
'identity_theft_risk': 'High',
'legal_liabilities': 'Class action lawsuit'},
'investigation_status': 'Settled',
'post_incident_analysis': {'corrective_actions': '$150,000 in additional '
'security upgrades',
'root_causes': 'Alleged inadequate security '
'measures'},
'references': [{'source': 'Class Action Settlement Notice'}],
'regulatory_compliance': {'legal_actions': 'Class action lawsuit'},
'response': {'communication_strategy': 'Notices sent to affected individuals '
'around February 1, 2024'},
'title': 'Tristar Insurance Group Data Breach Settlement',
'type': 'Data Breach'}