ABSTRACT: Digitalisation is an unstoppable process that changes, day by day, the framework of interaction between citizens, companies and Public Administrations. Although the digitalisation simplifies recruitment processes and boosts the market, it is subject to risks: the so-called cyber-risk. Notes on cyber-insurances: a necessary market before the uncertainty of the technological risk. In April 2007, Estonia
The use of parametric insurance as an alternative to traditional indemnity-based insurance has increased over the last twenty years, particularly as a mechanism for insuring against extreme weather risks. Following the aforementioned increasement, parametric insurances in Latin America have not received a standardized legal treatment from the local regulators. Every country has developed its applicable
California has long given parties producing documents the option of producing them either as they are kept in the ordinary course of business or organized and labeled to correspond to the categories in the request for production. Institutional parties typically have preferred to produce in the manner the documents are kept in the ordinary course
Insuralex´s exclusive member in California talks about the new California insurance laws for 2020 The California legislature didn’t exactly leave coal in the insurance industry’s stocking in 2019, but it did make a number of changes to California’s insurance statutes. Those changes include revisions to the manner of calculation of actual cash value, including the
Attorneys from Marlow, Adler, Abrams, Newman & Lewis, Exclusive Insuralex´s member in Florida (US) recently won a defense verdict on behalf of a security guard and security company in a 10 day jury trial in the re-trial of a defamation and malicious prosecution action in Miami. The Plaintiff had previously been awarded $4.6Million in a trial
Travelers Insurance Ltd v XYZ Supreme Court decision restricts Insurers’ exposure to non-party costs orders On 30 October 2019, the Supreme Court handed down its decision in Travelers Insurance Co Ltd v XYZ and set out helpful guidance as to circumstances in which liability insurers may be susceptible to non-party costs orders being made against
Insuralex is happy to announce that an important number of its Latin American members have been shortlisted and awarded by Chambers Latin America. The Chambers Latin America Awards 2019 are the awards that recognise, pre – eminence in key practice areas, impressive strategic growth and excellence in client service. The awards draw on the research
Reinstating Reinstatement Can an insured claim under its property damage policy for the reinstatement cost of a property that had not actually been reinstated and, if so, should the reinstatement cost be discounted for betterment? These were the issues that arose under a property insurance policy in Sartex Quilts & Textiles Limited v Endurance Corporate
