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
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
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
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
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
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
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
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
Loss of profits coverage due to machinery breakdown and the “stock acumulation” clause
Thursday, 19 December 2024
by Insuralex
Summary of Arbitral Award 142820 (September 9, 2024) An arbitration tribunal of the Bogota’s Chamber of Commerce resolved a dispute between an insured company (policyholder) and an insurer under a all-risk
- Published in Brigard Urrutia, News + Articles
The insurable interest in transport insurance
Monday, 02 December 2024
by Insuralex
Among the most recent updates in insurance and reinsurance law in Colombia, particular attention has been given to a recent ruling by the Civil Chamber of the Supreme Court of
- Published in Brigard Urrutia, News + Articles
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