Clyde & Co
There are two separate government bodies which regulate general insurance and reinsurance companies in Australia.
Blaney McMurtry LLP
A recent cybersecurity breach of the Canadian laboratory testing company LifeLabs has underscored the rising threat of cyber-attacks and the significant losses attributable to them.
Regulators of financial institutions and their intermediaries in Canada have now published updates regarding the implications of COVID-19 on their own internal operations, the impact on industry members meeting their regulatory obligations and, to an extent, changes in existing requirements to accommodate the economic impact of the outbreak and social distancing recommendations from health officials.
With the unprecedented global pandemic of Covid-19, companies are adapting to the new reality of social distancing and self-isolation practices encouraged by our government and health authorities...
Borden Ladner Gervais LLP
In Mohammad v. The Manufacturers Life Insurance Company, the Ontario Court of Appeal reversed the lower court's decision that coverage was voidable for want of material fact disclosure.
On 11 March 2020, the World Health Organization officially characterised COVID-19 as a pandemic, raising the health emergency to its highest level.
Tuli & Co
Motor insurance business in India is regulated under the India Motor Tariff 2002 (IMT) issued by the erstwhile Tariff Advisory Committee in 2009.
LeLaw Barristers & Solicitors
According to industry statistics, Nigeria's Insurance Penetration Rate (IPR) in 2013 was 0.39%, declining from 0.48% in 2010.
Clyde & Co
On 28 February 2020, the Singapore Academy of Law's Law Reform Committee published its Report on Reforming Insurance Law in Singapore.
Clyde & Co
The High Court has provided a further example of the widened principles of vicarious liability catching a variety of organisations in circumstances differing from the traditional
Clyde & Co
We reported last year on the case of Sartex Quilts & Textiles v Endurance Corporate Capital Ltd heard at first instance in the English High Court,...
United Arab Emirates
BSA Ahmad Bin Hezeem & Associates LLP
World Health Organisation (WHO) have officially declared COVID-19 as a pandemic. BSA have already received several instructions regarding coverage advice related to matters arising from the coronavirus
Jones Day Insurance Recovery Practice Leader Ty Childress discusses the insurance implications relating to COVID-19, including employee health and safety concerns, the importance of reviewing language...
As the COVID-19 outbreak continues to disrupt global economic activity, financial markets and market participants have been, and will continue to be, impacted.
Archer & Greiner P.C.
With climate change comes extreme weather, which has led to catastrophic losses by insured businesses. Two such catastrophic weather events are Hurricane Katrina in 2005 and Superstorm Sandy in 2012.
Buchanan Ingersoll & Rooney PC
As the COVID-19 pandemic continues to spread across the United States, so too has business interruption.
Sheppard Mullin Richter & Hampton
The World Health Organization has labelled novel coronavirus (COVID-19) a pandemic and the global number of confirmed cases of COVID-19 has surpassed 150,000.
Akin Gump Strauss Hauer & Feld LLP
The New York Department of Financial Services (DFS) recently issued Circular No. 5 that requires every regulated insurance entity to submit its plans to address the operational risk and identify...
Bowditch & Dewey
A number of publications have recently suggested that it is unlikely that coverage will apply under many traditional policies.
Pryor Cashman LLP
What a difference a week makes. Just seven days after our initial post, the world is a vastly different place.