Germany: Coronavirus and insurance cover

Insuralex´s exclusive member in Germany writes about the coronavirus and insurance cover.   The coronavirus is currently causing a lot of uproar. Many companies are reviewing their risks in case of infection or are trying to mitigate damage caused by canceled events and trade shows. In this context, the following insurance law issues are of
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Cyber-risk and cyber-insurance (II): silent cyber, an ongoing revolution?

ABSTRACT: cyber-risk is a source of opportunity but also of uncertainty towards traditional property and civil liability insurance policies. Cyber-insurance has been born to prevent silent cyber. We analyse the implications of NotPetya case for the future of insurance and reinsurance market in Spain. The emergence of a “cyber-universe”, in a relentless expansion, entails a
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ARTIFICIAL INTELLIGENCE: WHERE DO THE CLAIMS FALL?

Amazon Go Grocery, the first full ‘cashier-less’ supermarket, opened in Capitol Hill this week. With the increase in the use of Artificial Intelligence and computers carrying out roles that had previously been undertaken by humans, this article considers the benefits as well as the risks – particularly from the perspective of the insurance industry and
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Insuralex´s exclusive member in Chile celebrates its 135th anniversary

Insuralex´s exclusive member in Chile, Estudio Carvallo Abogados, is celebrating its 135th anniversary on 2020. The firm was established on Feb 12th 1885 when their “book of assignments” was initiated in the city of Valparaíso, Chile. Currently, Insuralex´s exclusive member in Chile is the third oldest law firm in the country. Later on they moved their main practice
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Insuralex ranked Band 1 in Insurance by Chambers and Partners

Insuralex has been again ranked Band 1 by Chambers and Partners in 2020. The prestigious British publication Chambers and Partners identifies and ranks the most outstanding law firms and lawyers in over 180 jurisdictions. Insuralex´s team of lawyers have recognised in-depth understanding of the insurance industry in more than 50 jurisdictions. Since it was founded
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Excusive Insuralex member in California, Bullivant Houser´s President, elected as the Vice-Chair of Tort, Trial & Insurance Practice Section of the American Bar Association

Insuralex exclusive member in California, Bullivant Houser Bailey PC, a nationally recognized law firm with offices in Washington, Oregon, and California, announced that Loren Podwill has been elected as the Vice-Chair of Tort, Trial & Insurance Practice Section (TIPS) of the American Bar Association (ABA). He will serve as Vice-Chair from August 2020-August 2021, Chair-Elect
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Cyber-risk and cyber-insurance in Spain: the necessary uncertainty.

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
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2020 Parametric Insurance in Latin America: An overview

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
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California’s New Year’s Resolution: Let’s Make Discovery More Expensive

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
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The Only Constant is Change: New California Insurance Laws for 2020

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
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