Ampcus Forensics Joins Insuralex as Global Sponsor and Exclusive Forensic Accounting Partner
Thursday, 13 February 2025
Insuralex is pleased to announce that Ampcus Forensics, a fast-growing forensic accounting and risk management consultancy, joins Insuralex as Global Sponsor and Exclusive Forensic Accounting Partner. Ampcus Forensics, a fast-growing forensic accounting and risk management consultancy based in Chantilly, Va., announced today its Global Sponsorship of Insuralex, a specialized network of independent law firms across
- Published in News + Articles
Keeping the Humanity in Insurance Decision-Making
Wednesday, 12 February 2025
The Takeaway A bill has been introduced in the Illinois legislature that would mandate the use of human oversight on a health insurer’s negative coverage decisions. It’s likely that other types of insurers will soon encounter similar oversight attempts. Overview of the Bill’s Purpose Illinois lawmakers are again at the forefront of regulating emerging technology.
- Published in HeplerBroom LLC, News + Articles
California appellate court restricts coverage for wildfire smoke claims
Monday, 10 February 2025
In recent years wildfire smoke claims have become more than a cottage industry in California and some other states. Policyholders owning buildings outside the area burned by a wildfire contend the smoke from the wildfire has damaged their buildings, in extreme cases requiring the gutting of the interior in order to eradicate smoke and soot
- Published in Bullivant Houser Bailey PC, News + Articles
Colombian Council of State upholds enforcement of regulatory surety bonds (Insurance)
Monday, 10 February 2025
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 “SIC”) to declare breaches of regulatory compliance commitments and enforce the corresponding regulatory surety bonds. 1.Background As part of an investigation into alleged anti-competitive practices,
- Published in Brigard Urrutia, News + Articles
Colombian supreme court reaffirms insurer´s obligation in survivor´s pensions
Tuesday, 04 February 2025
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 pay the difference, without questioning the beneficiary’s right to the pension, as established under Colombian law. On November 19, 2024, the Colombian Supreme Court of
- Published in Brigard Urrutia, News + Articles
The relevance of providing the insured with all the documentation of the contract, particular and general conditions, when contracting insurance.
Monday, 03 February 2025
In this article we will analyse a recent judgement handed down by the Court of Granollers, in a claim filed by a hotel for loss of profit due to the closure of the establishment during periods of confinement by the COVID. The case addressed by the judgement of the Court of first instance of Granollers,
- Published in Belzuz Abogados Spain, News + Articles
Start of implementation of the DORA Regulation. Its role in ensuring the functioning of the financial system
Thursday, 30 January 2025
On 17 January 2025, the implementation of the DORA Regulation, an EU legislative instrument designed to address the risks and vulnerabilities that the financial system may face as dependence on ICT operators grows, began. At Belzuz Abogados, as lawyers specialising in Insurance Law, we have to echo the beginning of the application of the Operational
- Published in Belzuz Abogados Spain, News + Articles
Insuralex´s former president Lucas Fajardo awarded as “Insurance Lawyer of the year”
Monday, 27 January 2025
We at Insuralex are thrilled to share that Lucas Fajardo, partner at Brigard Urrutia (Insuralex Exclusive Member in Colombia) and leader of its Insurance and Reinsurance team, has been awarded the prestigious Legal 500 Award as “Insurance Lawyer of the Year.” About Lucas Fajardo: Mr. Fajardo has been a partner of the Insurance and Reinsurance
- Published in Brigard Urrutia, News + Articles
Unipolsai Assucurazioni S.p.A -v- Covéa Insurance Plc
Monday, 27 January 2025
The Court of Appeal provides guidance on what constitutes a ‘catastrophe’ and on the interpretation of the “Hours Clause” in the context of property catastrophe excess of loss reinsurance In Unipolsai Assucurazioni S.p.A -v- Covéa Insurance Plc [2024] EWCA Civ 1110 (see the judgment here), the Court of Appeal handed down judgment in the first
- Published in Carter Perry Bailey LLP, News + Articles
Statute of limitations for claims under SOAT
Wednesday, 22 January 2025
Overview: In its ruling SC3075-2024, dated December 19, 2024, the Supreme Court of Justice (“SCJ”) addressed a dispute between a medical clinic and an insurer concerning the denial of indemnity claims under the Mandatory Traffic Accident Insurance (“SOAT”). Key facts: Between 2017 and 2019, the clinic provided medical treatment to victims of traffic accidents involving
- Published in Brigard Urrutia, News + Articles