First Financial Security is preparing to pay a total of $1.2 million in cash and credit monitoring services to affected individuals in a class action settlement.
The National Insurance Agency agreed to resolve the claims It stems Since the data breach on October 17, 2023.
The lawsuit was launched over the company’s failure to adequately protect customer data from unauthorized access.
Plaintiffs accuse First Financial Security of making security vulnerabilities that enabled the breach, which could have led to the disclosure of personal and medical details, including names, dates of birth, Social Security numbers and protected health information. Eligible claimants can receive up to $500 for documented out-of-pocket losses such as bank fees, credit expenses, telecommunications fees, credit report costs, and up to three hours of lost time at a rate of $20 per hour.
On top of paying, class action members are eligible for two years of credit monitoring and identity theft insurance through CyEx Medical Shield Complete by submitting the enrollment code on their copy of the settlement notice here.
Claimants can submit their claim form via this outlet Or mail it to the claims administrator on or before July 20, 2026. Class members may object to or opt out of the settlement by September 18, 2026.
The company denies all allegations but agreed to settle to avoid further costs.
The final approval hearing is scheduled for November 9, 2026.
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