Articles by Young Ha

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 …

Erie Insurance Receives FAA Approval to Use Drones in Claims, Underwriting

Erie Insurance announced Wednesday that it received conditional approval from the Federal Aviation Administration (FAA) to use the unmanned aircraft system (UAS) — commonly referred to as drones — in the company’s claims and underwriting processes. The FAA approval allows …

Connecticut Fee Schedule for Hospitals, ASCs Takes Effect

Connecticut’s Medicare-based fee schedule for workers’ compensation involving hospital inpatient, hospital outpatient, and ambulatory surgical center (ASC) services went into effect April 1. Previously, there were no facility fee schedules in Connecticut and employers were liable for the hospitals’ prevailing charges …

NYDFS Finds Potential Cybersecurity Vulnerabilities With Banks’ Vendors

The New York State Department of Financial Services (NYDFS) issued a report Thursday that found significant potential cybersecurity vulnerabilities with banks’ third-party vendors. New York regulators noted that banks rely on third-party vendors for a broad range of services — …

New York Court Examines Scope of Scaffold Law in 2 Injury Cases

The New York Court of Appeals, the state’s highest court, ruled on two injury cases on April 2, examining whether the injuries in those cases fit within the scope of the state’s Labor Law 240, popularly known as the Scaffold …

Mass. AG Asks DOI to Reject Proposed Fee Increase for MAIP Policies

Massachusetts Attorney General Maura Healey’s office sent a letter to the state’s Division of Insurance (DOI) this week, urging regulators to reject the proposed fee hike in the Massachusetts Automobile Insurance Plan (MAIP), the state’s private passenger auto insurance market …

N.H. Court: Worker Who Fell Asleep While Driving Due Benefits for Crash Injuries

The New Hampshire Supreme Court ruled last week that a worker who fell asleep while driving a company truck and hit a utility pole in the course of his employment is entitled to workers’ compensation benefits for the severe injuries …