Articles by Young Ha

Connecticut High Court Upholds Coverage Denial in IBM Data Loss Case

The Connecticut Supreme Court on Monday upheld a lower court’s ruling that Federal Insurance Company and Scottsdale Insurance Company are not required to defend or indemnify the insureds for the loss of computer tapes that exposed personal information of some …

Industry Examines Potential Claims Issues Following Riots

Some 140 vehicle fires, more than a dozen structural fires and nearly 200 arrests were reported in the wake of Baltimore riots that shook the city in late April. And more than 200 businesses were damaged during the riots, according …

Sony, Zurich Settle PlayStation Data Breach Case

Sony Corp. of America and Zurich American Insurance Co. have reached a settlement in a commercial general liability (CGL) policy coverage case stemming from the April 2011 hacking of Sony’s PlayStation online services, according to court documents filed on April …

Flood Insurance Does Not Cover Debris Removal From Insureds’ Land

A federal appeals court in Philadelphia recently ruled that a standard flood insurance policy from the National Flood Insurance Program does not cover the cost of cleaning up storm-generated debris not owned by the homeowners from their land. The U.S. …

N.J. Gov. Signs Electronic Proof of Auto Insurance, Reverse Rate Evasion Bills

New Jersey Gov. Chris Christie signed into law on Thursday A-3905/S-2680, which authorizes motor vehicle operators to display proof of auto insurance in either the physical format (a paper insurance card provided by their insurance carrier) or the electronic format …

Industry Representatives Examine Potential Claims Issues Following Riots

Some 140 vehicle fires, more than a dozen structural fires and nearly 200 arrests were reported in wake of the Baltimore riots that shook the city last week. And more than 200 businesses were damaged during the riots, according to …

Sony, Zurich Reach Settlement in PlayStation Data Breach Case in New York

Sony Corp. of America and Zurich American Insurance Co. have reached a settlement in a commercial general liability (CGL) policy coverage case stemming from the April 2011 hacking of Sony’s PlayStation online services, according to court documents filed Thursday. The …

N.Y.’s New Regulations Aim to Reduce Title Insurance Costs

New York Gov. Andrew Cuomo announced new regulations Wednesday that would crack down on what officials describe as kickbacks and other improper expenditures in the state’s title insurance industry. These improper expenses have been significantly inflating title insurance premiums for New York consumers, the …

EEOC Alleges Maryland Insurance Administration Violated Equal Pay Act

The U.S. Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against the Maryland Insurance Administration (MIA), alleging that Maryland’s insurance regulatory agency paid its women investigators and enforcement officers lower wages compared to their male counterparts for performing substantially …

N.J. Consumers to Receive 1-Page Summary of Their Homeowners Coverage

The New Jersey Department of Banking and Insurance announced that starting in June, New Jersey consumers buying or renewing homeowners, condominium, renters, mobile home, or dwelling fire insurance policies will receive a one-page summary of their policy that clearly explains …