Builders Mutual Data Breach

A Settlement has been proposed in a class action lawsuit against Builders Mutual Insurance Company and Builders Mutual Insurance Company, Inc. (“Builders Mutual” or “Defendants”). The lawsuit arises from the data incident affecting Builders Mutual on December 14, 2022 (“Data Incident”), in which the computer systems of Builders Mutual were allegedly subject to unauthorized access. This Data Incident allegedly exposed certain private information of Builders Mutual’s stakeholders, customers, employees of policyholders, current and former employees, and claimants. Builders Mutual denies all liability.

The Settlement includes all individuals residing in the United States whose Private Information was compromised in the Data Incident that occurred in December 2022 (“Settlement Class Members”).

The Settlement provides Settlement Class Members with their choice of:

1. three years of Credit Monitoring Services, compensation for Unreimbursed Economic Losses (up to $10,000), and compensation for Lost Time (up to 6 hours at $25 per hour for a total of $150);
   
   OR
2. estimated $100 Alternative Cash Payment.

Your legal rights are affected whether you act or don’t act. Review this website carefully.

Your Legal Rights and Options in This Lawsuit

Submit a Claim Form	This is the only way you can get a payment or a code for Credit Monitoring Services.
Exclude Yourself from the Settlement	Do not get a settlement benefit. This is the only option that allows you to be part of any other lawsuit against the Defendants for the legal claims made in this case and released by the Settlement.
Object to the Settlement	Write to the Court with reasons why you do not agree with the Settlement.
Go to the Final Approval Hearing	You may ask the Court for permission for you or your attorney to speak about your objection at the Final Approval Hearing.
Do Nothing	If you do nothing, then you will not get benefits from this Settlement and you will give up certain legal rights.

These rights and options—and the deadlines to exercise them—are explained further in the Long Form Notice and on the Frequently Asked Questions (FAQs) page of this website. For complete details, please see the Settlement Agreement, which is available here.

The Court in charge of this case still has to decide whether to approve the Settlement. If the Court denies final approval, the Settlement will be null and void and litigation will continue with the Defendants.