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KaiRong Law Firm | China | 7 Dec 2022
Qingdao Maritime Court rules on insurance subrogation right after ship sinks while carrying cargo
🕑 5 minutes Various unexpected risks may arise during the transport of cargo, which makes insurance indispensable. The entities involved in cargo transport usually opt for specific types of insurance, depending on their own legal position, to prevent and reduce losses caused by potential accidents. However, whether the Chinese courts will support the insurer's insurance subrogation right in......
Hendershot Cowart P.C. | USA | 26 Jul 2022
Texas Employers: Know Your Commercial General Insurance Exclusions - Before an Accident
Your commercial general liability insurance is intended to protect your business if the worst happens: an accident or injury at your worksite. But…
Formosan Brothers | China | 19 Jun 2022
雇主應對再僱用員工完整納保，始予核發獎勵金
法律新知/評析 我國就因事業單位依「大量解僱勞工保護法」相關規定大量解僱勞工後，對優先再僱用工作性質相近且經其大量解僱之同一勞工連續滿三個月之情形，依「事業單位優先僱用經其大量解僱失業勞工獎勵辦法」（下稱獎勵辦法）規定，得申請僱用獎勵金，以獎勵事業單位再度僱用勞工，並兼有保障原受僱用勞工之工作權。…
AnJie Broad Law Firm | China | 7 Jun 2022
Understanding complexities of director and officer liability insurance policies in China
Directors and officers (D&Os) assume liability for many of their company's activities, especially when such companies are publicly listed. Litigating Chinese D&O policies rarely relies on only the laws of one jurisdiction because they typically interact with Chinese, US and even Cayman or British Virgin Islands laws governing a variable interest entity's incorporation. Instead, they are......
Hogan Lovells | Italy | 4 Apr 2022
Italy: IVASS public consultation on the new online comparison system for motor liability insurance
IVASS has launched a public consultation on a draft regulation laying down provisions on the setting up of an online comparison system for premiums…
Levitan, Sharon & Co | Israel | 11 Jan 2022
Supreme Court cancels VIG precedent: foreign insurer is entitled to file subrogation claim in Israel
In a recent case, the Supreme Court dealt with the question of whether a foreign insurer is entitled to file a subrogation claim against the wrongdoer. This judgment rectifies the wrong decision of the VIG judgment that, for the past five years, has placed unnecessary and unjustified difficulties in the way of foreign insurers in recovery actions. The law is now clear: the foreign insurer is......
Foster Swift Collins & Smith PC | USA | 11 Jan 2022
Equine Event Liabilities - Plan Ahead
Your club or association wants to organize a horse show or clinic. These events, your group believes, will boost publicity, increase membership, and…
Levitan, Sharon & Co | Israel | 16 Nov 2021
First judgment declining class action for refund of business insurance premium due to covid-19 lockdowns
In a recent judgment, the Haifa District Court declined a request for the certification of a class action lawsuit filed against seven insurance companies. The lawsuit included a claim for the reimbursement of a premium paid for business insurance due to alleged reduced risk as a result of national lockdowns and restrictions imposed following the covid-19 outbreak.
Lexology PRO | Australia, Canada, European Union, etc. | 11 Nov 2021
60-second read: What due diligence to perform before purchasing inventory
Internet of Things tags, crisis management questionnaires, and on-site visits are key steps to verify the quality and creditworthiness of goods, according to Mark Kavanagh, group general head of operations and transformation at [email protected]
KaiRong Law Firm | China | 3 Nov 2021
Can maritime insurance contracts be terminated before the insurance period ends?
Maritime transport providers will often purchase liability insurance with a fixed insurance period to insure potential risks and liabilities that may occur during the course of service. It is important for transport providers to know whether insurers are entitled to unilaterally terminate such insurance contracts in advance without their consent. This article summarises insurers' termination......
