26 November 2009Sudden and unforeseen phenomena in machinery breakdown insuranceLessons from Losses 8/2009. In addition to the normal property insurance that covers fire, water, and burglary, it is possible to take out additional machinery insurance on equipment regarded as important for operations. Unfortunately, there are sometimes cases where the insurer and the insured have differing ideas as to what such insurance can be expected to cover.
26 November 2009Plötsligt och oförutsett vid bedömning av maskinskadorLessons from Losses 8/2009. Utöver den normala egendomsförsäkringen som innefattar brand vatten och inbrott, finns möjlighet att i tillägg teckna maskinförsäkring på de maskiner som anses viktiga för verksamheten. Tyvärr inträffar det ibland skador där försäkringstagaren och försäkringsbolaget har olika uppfattningar kring vad som försäkringen förväntas omfatta.
4 November 2009A claim for damages could happen to youLessons from Losses 7/2009. Sooner or later any company, large or small, might find itself faced with a claim for damages. To deal with this in the best possible way, and reduce the financial effects, a few tips can be given. But first, some back¬ground.
6 October 2009Institute Cargo Clauses 2009 - A brief comparison of the 1982 and 2009 ClausesMarine Newsletter 3/2009. As a consequence of the way that world trade has developed and to some extent changed its character as a result of more modern transport technology, there is an increased demand from insured parties for up-to-date, clearer, and more advantageous terms of insurance. Additionally, the constantly changing threats from terrorism and piracy have affected the demand for and creation of new clauses. In 2006, an examination of existing cargo clauses was initiated, and, at the beginning of 2009, the revised ICC clauses became available to the insurance market. Besides the Civil Clauses ICC (A), (B) and (C), the updated clauses cover the ICC War and Strikes Clauses.
24 September 2009Compensations to injured employees in DenmarkLiability Newsletter 2/2009. Under the latest case law, an employer takes on most of the financial risk of an a employee being treated as well as possible by administrative systems in the form of the Industrial Injuries Agency, in the municipality – and by the insurance company. So now, more than ever, employers have a direct financial interest in ensuring optimum treatment by both the national system and insurance companies.
