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Clyde & Co LLP | United Kingdom | 27 Jul 2022
Fraud indicators for property fire insurance claims
ABI research shows that dishonest property insurance claims detected in 2019 rose 30% from the previous year, with a value of £124 million so it’s…
Clyde & Co LLP | United Kingdom | 7 Jul 2022
“A strategic and holistic look at costs” - a new consultation from the Civil Justice Council
Litigation costs represent a significant proportion of claims spend in any particular category of civil litigation or type of insurance claim…
Clyde & Co LLP | United Kingdom | 30 Jun 2022
Witness evidence proves vital in liability denied head-on collision claim
Liability was denied throughout. Whilst our client had incurred a significant outlay, tactically we decided to not include this within proceedings…
Clyde & Co LLP | Australia | 26 May 2022
Clarity on applying "Reasonable Precautions" conditions to casualty claims
In Victorian personal injury claims involving breaches of OHS legislation, it is reasonably common to see employers and other third parties…
KaiRong Law Firm | China | 2 Mar 2022
What compensation can be obtained for death or bodily injury of ship crew members?
Marine accidents that cause death or bodily injury to crew members still occasionally occur due to the dangers inherent in maritime navigation. Questions concerning the compensation that crew members or their statutory close relatives can obtain may arise in the wake of such tragic accidents. This article discusses such issues in the context of claims made under the jurisdiction of the......
Lexology PRO | Australia, Canada, European Union, etc. | 1 Oct 2021
Insuring NFTs: key risks and considerations
Value fluctuation, lost domain names, and cyber-attacks are just some of the risks which insurers should be aware of when contemplating a move into NFT-based insurance policies.
Sidley Austin LLP | USA | 23 Aug 2018
Property and Casualty Insurance (C) Committee Adopts Travel Insurance Model Act
The Property and Casualty Insurance (C) Committee adopted the Travel Insurance Model Act (NAIC Travel Model Act), which is intended to provide a…
Hogan Lovells | United Kingdom | 31 Mar 2018
FCA publishes second set of data in it general insurance value measures pilot
On 1 March 2018, the FCA published the second set of data in its general insurance value measures pilot containing data for 36 insurers (including…
Troutman Pepper | USA | 7 Sep 2017
Sharply-Divided Washington Supreme Court Holds That Sureties, Like Insurers, Must Pay Attorney Fees to Prevailing Parties When They Wrongfully Deny Coverage
King County contracted with three construction firms (collectively, “VPFK”) to construct a tunnel. The contract required substantial completion by…
Hogan Lovells | Mexico | 20 Jun 2017
Insurance regulator provides 2017 required minimum paid-in capital for insurers and bonding companies
The National Insurance and Bonds Commission recently amended the Sole Provisions on Insurance and Bonds to provide the value of the investment unit that insurers and bonding companies must consider when calculating their required minimum paid-in capital. Insurers and bonding companies must comply with the required minimum paid-in capital each year to ensure that they can meet their financial......
