Articles by Young Ha

N.Y. Man Harnesses Social Media to Protest Against Progressive

Progressive Corp. is getting a lot of attention in the social media world this week. But it’s clearly not the kind of attention the insurer wants to get. On Monday, a New York-based comedian named Matt Fisher posted a story …

Disabled Drivers in N.Y. Pay 28% More for Auto Insurance, Study Says

A new study found that drivers with disabilities in New York City pay 28 percent more for their auto insurance on average compared to non-disabled individuals. The study says that vehicles modified to accommodate disabled drivers often cost more to …

Connecticut Says Tougher Teen Driving Laws Showing Positive Results

This month, Connecticut is observing the four-year anniversary of the state’s adoption of tougher teen driving laws. And officials say the measures continue to put in check teen driver deaths. A series of high-profile crashes in 2007 triggered a campaign …

Auto Insurers’ Use of Credit Data

There is an effort now underway in Washington, D.C., to eliminate the use of consumer credit information by auto insurance companies. Three lawmakers are leading that effort in Congress. On July 13, Reps. Hansen Clarke (D-Mich.), John Conyers Jr. (D-Mich.) …

Few Employers in New England Plan to Drop Health Insurance: Survey

A new survey says few employers plan to drop health insurance following the Supreme Court ruling upholding the Patient Protection and Affordable Care Act — but most do plan to take steps to control costs. According to a survey of …

Va. Court: Waiter’s Choking on Quesadilla Didn’t Arise Out of Employment

A Virginia court recently ruled that a waiter who was injured while attempting to swallow “a piece of quesadilla that was too big for his esophagus” can not collect worker’s comp benefits. Court of Appeals of Virginia in Richmond ruled …

Selective Posts Lower Profit, Hampered by CAT Loss, Weaker Investments

Branchville, N.J.-based Selective Insurance Group Inc. posted $0.3 million for its second-quarter profit, down from $1.5 million profit reported during the same period one year ago. The insurer said Wednesday that its results were hampered by catastrophe losses during the …

Liberty Mutual Announces Realignment; Names 4 Unit Executives

Boston-headquartered insurance giant Liberty Mutual said it is realigning its strategic business units. The company — which reported $139 million profit for its 2012 second-quarter earlier Wednesday — also named executives that will lead each of its four new strategic …

Insuring Colleges and Universities

A new report that examines the Penn State University scandal had harsh words for the school’s top officials. Former FBI Director Louis Freeh – who was hired by university trustees to investigate the scandal and prepare a report – says …

Travelers Reports More Rate Gains, Seeks Higher Homeowners Deductibles

The Travelers Companies, which reported its second-quarter results yesterday, said renewal rates are continuing to trend up across its business segments. Company executives emphasized, however, that rate hikes are a granular process and are dependent on characteristics of each account. …