Clear Spring Life and Annuity Company Data Breach Investigation

Turke & Strauss LLP, a leading data breach law firm, is investigating Clear Spring Life and Annuity Company regarding its recent data breach. The Clear Spring Life and Annuity Company data breach involved sensitive personal identifiable information belonging to over 4,300 individuals.

ABOUT CLEAR SPRING LIFE AND ANNUITY COMPANY:

Clear Spring Life and Annuity Company is an insurance company providing a wide range of financial services. Founded in 1985, Clear Spring Life and Annuity Company specializes in financial solutions catering to retail clients. As a Group 1001 organization and a subsidiary of CSLIC Holdings, LLC, Clear Spring Life and Annuity Company offers fixed indexed, multi-year guaranteed, and single premium immediate annuities. Headquartered in Zionsville, Indiana, Clear Spring Life and Annuity Company conducts business throughout the United States.

WHAT HAPPENED?

On February 9, 2023, Clear Spring Life and Annuity Company discovered that it experienced a data breach in which the sensitive personal identifiable information in its systems may have been accessed and acquired. Through its investigation, Clear Spring Life and Annuity Company determined that an unauthorized actor may have accessed and obtained this sensitive information by launching a ransomware attack on February 9, 2023. On July 13, 2023, Clear Spring Life and Annuity Company notified its partner company, First Security Benefit Life Insurance and Annuity Company of New York, that the ransomware incident may have impacted First Security Benefit Life Insurance and Annuity Company of New York’s clients. On July 28, 2023, Clear Spring Life and Annuity Company began contacting individuals whose information may have been impacted. The type of information exposed includes:

  • Name
  • Social Security number
  • Date of birth
  • Address
  • Policy or contract number

If you received a breach notification letter from Clear Spring Life and Annuity Company:

We would like to speak with you about your rights and potential legal remedies in response to this data breach. Please fill out the form, below, or contact us at (608) 237-1775 or sam@turkestrauss.com.

If you were impacted by the Clear Spring Life and Annuity Company data breach, you may consider taking the following steps to protect your personal information.

  1. Carefully review any breach notice and retain a copy;
  2. Enroll in any free credit monitoring services provided by Clear Spring Life and Annuity Company;
  3. Change passwords and security questions for online accounts;
  4. Regularly review account statements for signs of fraud or unauthorized activity;
  5. Monitor credit reports for signs of identity theft; and
  6. Contact a credit bureau(s) to request a temporary fraud alert.

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