Norton Rose Fulbright Australia
ICA section 45 will only render an "other insurance" clause void if the insured is a contracting party to both policies.
In the light of concerns raised in industry feedback, the Bermuda Monetary Authority (BMA) has decided to postpone the introduction of various adjustments to the Bermuda Solvency Capital Requirement (BSCR) standard formula that were proposed in its November 2016 Consultation Paper.
A number of jurisdictions provide for the statutory protection of direct policyholders in a winding-up of an insurer.
Samis + Company
In the recent decision of M.P. v. Certas Home and Auto Insurance Company, the License Appeal Tribunal has tackled the issue of whether attendant care expenses are incurred where a claimant's "professional" attendant care provider is also a family member.
Damages for pain and suffering are capped for Nova Scotians who are injured in motor vehicle accidents if their injuries are considered "minor."
Blaney McMurtry LLP
Aviva brought an application for a declaration that Intact had a duty to defend Avondale with respect to the allegations made by the plaintiff.
Clyde & Co
On 7th April 2017, CIRC published the Rules on the Strengthened Disclosure Requirement for China Mutual Insurers by CIRC (Rules) concerning disclosure requirements for China mutual insurers (China Mutuals).
De Brauw Blackstone Westbroek N.V.
As a result, insurers might find it more difficult to obtain approval from the Dutch Central Bank before distributing dividends.
On a monthly basis, EIOPA updates information on the symmetric adjustment of the equity capital charge.
Blackbox Car Insurance, Pay-As-You-Drive or Pay-How-You-Drive are all names used to reference Telematics Car Insurance.
MFSA circular to the Market relating to the assessment required
prior to proposing Individuals for Approved Positions
In less than ten months, the Insurance Distribution Directive (‘IDD') will be repealing the current Insurance Mediation Directive regulating the activities of insurance undertakings, insurance intermediaries and insurance ancillary intermediaries.
Following its review EIOPA shall be making submissions to the Commission on suggested changes in methods...
Clyde & Co
It's the most frequent question I've been asking my Lloyd's and London market clients since the turn of the year.
Smith Gambrell & Russell LLP
Intermarket Insurance Agency, Inc. recently escaped liability to its insured on a policy placement, winning summary judgment on the two counts of the complaint directed to it.
In today's blog post, Miller Friel attorney Kimberly Wehle wraps up her four-part series: Four Tips for Advocating Insurance Coverage Disputes.
Tarter Krinsky & Drogan LLP
In September 2016, the Appellate Division, First Department decided a case that has significant ramifications on insurance coverage on construction projects between construction managers and contractors.
McDermott Will & Emery
With health care becoming more consumer-driven, health care providers and health plans are wrestling with how to incentivize patients to participate in health promotion programs and treatment plans.
As autonomous vehicles move toward mass implementation, businesses in this industry segment are studying product liability questions that will arise, some of which are likely to be distinctly different in character from the norm.