Articles by Young Ha

Group Urges New York DFS to Review Auto Insurers’ Rate-Setting Practices

A consumer advocacy group said its analysis shows some of New York State’s largest auto insurers are charging higher premiums to motorists who have less education and non-professional, non-managerial jobs. The New York Public Interest Research Group (NYPIRG) said it …

Agents Can Help Small Businesses Stay on Top of New Risks

Small businesses face a myriad of challenges throughout the business life cycle as they embark on new ventures and grow their operations. And insurance agents can serve as their guide and help them understand risks and insurance coverage options, according …

NYS Comp Board, Comic Tina Fey’s Reps Clear Up Workers’ Comp Issue

The New York State Workers’ Compensation Board had filed a $79,000 judgment against comic Tina Fey on March 20 for an alleged “failure to carry workers’ comp ins.,” for a period from Nov. 20, 2012, to Feb. 02, 2014, according …

Penn. High Court Reaffirms Statutory Employer Defense

Pennsylvania’s Supreme Court on March 26 reaffirmed statutory employer defense in a general contractor liability case, in which a subcontractor was injured during construction work. The high court’s decision overturns a $1.5 million jury verdict for the injured worker and …

Berkshire Hathaway Specialty Exec on Acquisitions, Expansion Plans

Berkshire Hathaway Specialty Insurance (BHSI), part of Omaha, Nebraska-based conglomerate holding company Berkshire Hathaway, has its eyes on overseas expansion, according to BHSI’s top executive. BHSI’s President Peter Eastwood said BHSI is “working hard at some expansion plans in Asia …

Delaware’s New Legislation Adds Teeth to Certificate of Insurance Regulations

Delaware legislature on Tuesday passed HB 104 (“An Act to Amend Title 18 of the Delaware Code Relating to Certificates of Insurance”) that aims to curtail the improper use of certificates of insurance. Delaware Association of Insurance Agents & Brokers …

Sony Units Lose Ruling in CGL Policy Coverage Dispute 

A New York trial court recently ruled in a commercial general liability (CGL) policy coverage case that Zurich American Insurance Co. has no duty to defend Sony Corp. of America and Sony Computer Entertainment America in litigation stemming from the …

Agents Can Help Small Businesses Stay on Top of New Risks: Hartford School

Small businesses face a myriad of challenges throughout the business life cycle as they embark on new ventures and grow their operations. And insurance agents can serve as their guide and help them understand risks and insurance coverage options, according …

N.Y. Court: Zurich Not Obligated to Defend Sony Units in Data Breach Litigation

A New York trial court recently ruled in a commercial general liability (CGL) policy coverage case that Zurich American Insurance Co. has no duty to defend Sony Corp. of America and Sony Computer Entertainment America in litigation stemming from the …

FM Global Research Chief Shares Flood Preparedness Tips for Biz Owners

The hazard posed by potential flooding is increasingly on the minds of many business owners, said Lou Gritzo, vice president and manager of research at Johnston, R.I.-based business property insurer FM Global. Gritzo recently spoke with Insurance Journal to discuss …