Industry Notes:
HIPAA Penalties May Leave You High And Dry Despite Insurance Coverage
Published on Fri Aug 01, 2014
If your company undergoes a HIPAA investigation, will your directors and officers insurance policy cover the costs? Maybe — or maybe not. Drug-testing company Millennium Lab-oratories Inc. is facing just such a problem. The lab has sued its liability insurer Allied World Assur-ance Co. (AWAC) for attempting to get out of covering Millennium’s defense costs related to a HIP-AA investigation [...]