Young Ha reports:
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 April 2011 hacking of Sony Corp.’s PlayStation online services.
Ruling on the coverage lawsuit, Zurich American Insurance Co. v. Sony Corp. of America et al, Justice Jeffrey K. Oing of the Supreme Court of the State of New York granted summary judgment on Feb. 21 in favor of Zurich American, one of Sony’s CGL insurers.
Read more on Insurance Journal.