A new board of directors elected for the global insurance lawyers group Tramposch & Partner´s managing partner Andreas Weinzierl was recently elected as president of Insuralex during its annual meeting. Founded in 2002, Insuralex is a worldwide network of more than 50 independent law firms that specialize in insurance and reinsurance coverage, defense, litigation and
In instances where someone fails to pay an insurance premium and it amounts to a repudiation of an insurance contract, the insurer need not provide an extension for the payment of a premium (grace period) regardless of the wording of the policy. This was held in the recent decision of the Supreme Court of Appeal
One of the great challenges facing insurers today is to have effective tools against insurance fraud. To this purpose, some Latin American countries have opted to include this type of conduct as a crime in their criminal law. Others, on the other hand, have opted for a generic criminal offense, such as fraud, which could
Ranked Dominican law firm Pereyra & Asociados (P&A) has announced it has been chosen by Insuralex Global Insurance Lawyers Group, a worldwide association of independent insurance and reinsurance lawyers, as its exclusive member firm in the Dominican Republic. A long running, ranked, acclaimed and renown Law Firm with ample experience and known capabilities, Pereyra &
A summary of the case of ABN Amro Bank N.V. v Royal & Sun Alliance plc and 13 Underwriters and Edge Brokers (London) Limited. With the nature and extent of the fall-out for insurance brokers from the FCA test case yet to fully emerge (though anecdotal evidence suggests the volume of precautionary notifications are substantial),