The breach involved leaked data from 1.27 million consumers.
Nationwide and one of its wholly owned subsidiaries have agreed to a $5.5 million settlement for a data breach that occurred in 2012.
On 9 August, the Ohio-based insurance corporation along with Allied Property & Casualty Insurance Company agreed to the “Assurance of Voluntary Compliance” (PDF) with 33 Attorneys General of Alaska, Arizona, Arkansas, Connecticut, Florida, Hawaii, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oregon, Pennsylvania Rhode Island, South Dakota, Tennessee, Texas, Vermont, Washington, and the District of Columbia. In accordance with the Assurance, the two companies will pay $5.5 million to the Attorneys General. Those officials can then use the funds to cover attorneys’ fees, costs of investigation, and consumer education for the future.