A new court case between the Zurich American insurance company and Sony – its client – may set a precedent for future decisions made regarding an organization’s liability and coverage at the time of a data breach. The insurer has stated that it will not cover Sony’s costs for the many class-action lawsuits that have occurred following the massive database breaches it experienced earlier in 2011, and is seeking the support of the courts for its decision. Sony has already reported that it anticipates that the direct financial cost of…
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New Insurance Commissioners Elected For 2010– Others Will Be Appointed
In California, Georgia, Kansas and Oklahoma City the votes are in! Many don’t realize there are actually 11 positions, nationwide, that will fill the role of insurance commissioner, but only four of them are elected by the people. The others are actually appointed by the new Governor elect. As it stands the voters have selected these four for 2010 office: California: Assemblyman, Dave Jones – Democrat Prior to his election for the city council, he worked for six years as a legal aid attorney. He’s best acknowledged for passing a…
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