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Limitations on Surety Bond Coverage for Structural Stability Defects

Tuesday, 15 April 2025 by Insuralex
By means of a recent arbitral award published in 2025, an arbitral tribunal in Colombia (hereinafter, the “Tribunal”) settled a dispute between (i) a contracting company, insured and beneficiary under
  • Published in Brigard Urrutia, News + Articles
Tagged under: Insurance Law Network, Insurance Lawyers Colombia, Limitations on Surety Bond Coverage for Structural Stability Defects in Colombia

Limitations on performance bond coverage for wages and benefits

Monday, 31 March 2025 by Insuralex
In a recent 2025 ruling, the Colombian Supreme Court of Justice (hereinafter, the “Court”) issued a decision on the scope of coverage for salaries and social benefits under surety bonds
  • Published in Brigard Urrutia, News + Articles
Tagged under: Article 34 of the Substantive Labor Code, Insuralex Colombia, Insurance Attorneys Colombia, Insurance Law Network, Insurance Lawyers Colombia, Limitations on performance bond coverage for wages and benefits in Colombia

Work stability coverage and exclusion of lack of maintenance

Wednesday, 12 March 2025 by Insuralex
The Colombian Council of State recently issued a ruling reinforcing contractor liability for structural defects in public works projects, even after contract settlement. The case involved a temporary joint venture
  • Published in Brigard Urrutia, News + Articles
Tagged under: exclusion of lack of maintenance Colombia, Insurance Colombia, Insurance Lawyers Colombia, Work stability coverage Colombia

Colombian Regulator Warns Insurer Over Misleading “All-Risk” Insurance Label

Monday, 24 February 2025 by Insuralex
On January 16, 2025, the Colombian Financial Superintendency (the “SFC” for its acronym in Spanish) issued a warning to an insurance company for violating consumer protection regulations by offering a
  • Published in Brigard Urrutia, News + Articles
Tagged under: Brigard Urrutia, Chambers Insurance ranked legal network, Colombian Financial Superintendency, Colombian insurance Regulator, Global Insurance Network, Insurance Lawyers Colombia, Insurer All-Risk Insurance Label, SFC

Colombian Council of State Defines Statute of Limitations for Insurance Claims in Fiscal Liability Proceedings

Wednesday, 19 February 2025 by Insuralex
On November 28, 2024, the Colombian Council of State upheld a ruling that annulled the inclusion of an insurer as a civilly liable third party in a fiscal liability proceeding
  • Published in Brigard Urrutia, News + Articles
Tagged under: Brigard Urrutia, Colombian Council of State, Definition of Statute of Limitations for Insurance Claims in Fiscal Liability Proceedings, Insuralex Colombia, Insurance Attorneys Colombia, Insurance Lawyers Colombia, Law 1474 of 2011 Colombia

Employer´s liability coverage in civil liability insurance

Monday, 17 February 2025 by Insuralex
This piece delves into a recent ruling by the Colombian Supreme Court (SL015-2025), which addresses the employer’s liability coverage under a civil liability insurance. The case involves the death of
  • Published in Brigard Urrutia, News + Articles
Tagged under: Colombian Supreme Court (SL015-2025), Employer´s liability coverage in civil liability insurance, Insurance Lawyers Colombia

Colombian Council of State upholds enforcement of regulatory surety bonds (Insurance)

Monday, 10 February 2025 by Insuralex
In its ruling of December 5, 2024 (Case No. 25000-23-24-000-2010-00132-01), the Colombian Council of State (hereinafter, the “CS”) upheld the authority of the Superintendence of Industry and Commerce (hereinafter, the
  • Published in Brigard Urrutia, News + Articles
Tagged under: Brigard Urrutia, Colombian Council State, Insurance Lawyers Colombia, Lucas Fajardo, Luis Alejandro Peña, regulatory surety bonds Colombia

Colombian supreme court reaffirms insurer´s obligation in survivor´s pensions

Tuesday, 04 February 2025 by Insuralex
This piece explores a recent ruling by the Colombian Supreme Court confirms that when a pension fund takes out insurance to cover shortfalls in survivor’s pensions, the insurer must automatically
  • Published in Brigard Urrutia, News + Articles
Tagged under: Brigard Urrutia Colombia, Colombian supreme court reaffirms insurer´s obligation in survivor´s pensions, Insurance Lawyers Colombia, Lucas Fajardo, Luis Alejandro Peña

Insurance exclusions must be clearly highlighted

Tuesday, 14 January 2025 by Insuralex
On December 13, 2024, the Civil, Agrarian, and Rural Chamber of Colombia’s Supreme Court of Justice (“CSJ”, by its acronym in Spanish) issued ruling AC6958-2024, rejecting a cassation appeal filed
  • Published in Brigard Urrutia, News + Articles
Tagged under: Brigard Urrutia Colombia, Insuralex Colombia, Insurance exclusions Colombia, Insurance Lawyers Colombia, Lucas Fajardo, Luis Alejandro Peña

Termination of Insurance: Unilateral Revocation and Non-Payment

Friday, 03 January 2025 by Insuralex
The Colombian Supreme Court of Justice (the “Court”) addressed a dispute between (i) a policyholder under an all-risk insurance policy and (ii) the insurer. The issue arose from the interpretation
  • Published in Brigard Urrutia, News + Articles
Tagged under: Insuralex Colombia, Insurance Lawyers Colombia, Juan David Marín Insurance Lawyer Colombia, Lucas Fajardo Insurance Lawyer, Luis Alejandro Peña Insurance Lawyer Colombia, Termination of Insurance, Unilateral Revocation
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