In a major settlement following a massive data breach, DP Brokerage has agreed to compensate affected individuals with payments ranging from $50 to $5,000. If your personal information was compromised in the breach, you could be eligible for a payout. Here’s everything you need to know.
What Happened?
Back in December 2022, DP Brokerage, a Jacksonville-based insurance and brokerage firm, suffered a significant data breach. Hackers gained access to sensitive personal information, including Social Security numbers, driver’s license details, Medicare and Medicaid information, financial account numbers, and even health insurance and prescription data. This breach put thousands of customers at risk of identity theft.
Who Is Eligible for Compensation?
Anyone whose personal data was compromised in this breach is eligible to file a claim. The settlement includes two main types of compensation:
- Cash Payments: Victims can receive between $50 and $5,000, depending on the impact of the breach on their personal and financial well-being.
- Reimbursement for Expenses: If you faced financial losses due to the breach—such as bank fees, fraudulent charges, or travel expenses—you can claim up to $2,000 in reimbursements.
- Time Compensation: If you spent time dealing with the aftermath of the breach, you can be compensated for up to four hours of lost time at a set hourly rate.
- Credit Monitoring: The settlement also includes two years of free credit monitoring and identity theft protection to help prevent further damage.
How to File a Claim?
To receive compensation, affected customers must file a claim by the deadline. The claim process typically involves:
- Verifying Eligibility: You’ll need to confirm that your information was part of the breach.
- Submitting a Claim Form: Forms are available online through the official settlement website.
- Providing Proof of Loss (If Applicable): If you are claiming financial losses, you may need to submit bank statements, receipts, or other supporting documents.
When Will Payments Be Sent?
Settlement payments are expected to be distributed once the claim review process is complete. This can take several months, depending on the number of claims submitted. However, updates on payment dates will be posted on the settlement website, so claimants should check regularly.
Final Thoughts
If you were affected by the DP Brokerage data breach, don’t miss your chance to claim compensation. Whether you’re eligible for cash payments, reimbursement, or free credit monitoring, taking action now could protect you from future risks.
Check your eligibility and file your claim before the deadline to secure your settlement payout!
