Government changes to the Compulsory Third Party insurance scheme is likely to end up with motorists paying even more.
Companies should implement amendments to contracts and update compliance materials, to comply with the new regime.
The levy could be costly for owners of large commercial and industrial buildings, and for tenants liable for outgoings.
The Australian Stock Exchange Listing Rules 3.1, 3.1A and 3.1B, and Guidance Note 8 concerning continuous disclosure obligations came into effect on 1 May 2013.
The China Insurance Regulatory Commission recently promulgated "the Administrative Measures on Classification of Business Scope of Insurance Companies", which came into force on 2 May 2013.
In accordance with Article 4 of the Administrative Measures on Equity Interest in Insurance Companies, the maximum shareholding of any one shareholder in a domestic insurance company cannot exceed 20%.
The Ministry of Environmental Protection and the China Insurance Regulatory Commission jointly have recently promulgated the Guiding Opinions on Pilot Scheme for Compulsory Environmental Pollution Liability Insurance, which for the first time, requires compulsory purchase of environmental pollution liability insurance by enterprises with high environmental risks.
A recent UK case highlights the need for an insured to promptly notify claims or circumstances when they first discover them.
In a recent decision handed down by the High Court, Yau Tsz Hin v. Broadway Theatre Company Limited, HCPI 674 of 2010, the cinema successfully defended a 'slip and fall' claim lodged by its patron.
The Government has recently completed a three-month public consultation on the legislative proposals for the establishment of the Independent Insurance Authority.
This recent decision highlighted the High Court's role in the transfer of a Hong Kong long term insurance business.
In 2011 the size of the clinical trials business in India was estimated to have grown to c. $1.6 billion.
A new law on insurance is expected to be passed by the House and will replace the 1992 Law.
Cross lease property owners must become familiar with the terms of the lease before settling EQC or insurance claims.
When you own a property in a unit title development, you and your neighbours are covered by the same insurance policy.
Landlords and tenants both have things they need to consider when looking at renting a written off house.
Insurers have different approaches to whether they will allow a house that has been cash settled to be sold in unrepaired.
The case provides clarity on the application of the Act's limitation fund provisions after the Tasman Pioneer decision.