By subject ' Liability Newsletter '
15 February 2010Who Needs Professional Indemnity Insurance – and why?Liability Newsletter 1/2010. Professionals are well-qualified individuals in a certain, expert area that others usually have little or limited knowledge in. Therefore their advice is trusted upon. With this power comes responsibility. Liability for damage or loss can be severe – Professional Indemnity Insurance provides safety against such liability.
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.
24 September 2009Erstatning til medarbejdere - risici efter den seneste højesteretspraksisLiability Newsletter 2/2009. Med den seneste retspraksis overtager man som arbejdsgiver i høj grad den økonomiske risiko for, at en ansat bliver behandlet optimalt i de administrative systemer i form af Arbejdsskadestyrelsen, i kommunen – og hos forsikringsselskabet.
26 May 2009New rules on patient claims - private health companiesLiability Newsletter 1/2009. Since 1988, patient claims have been assessed under two different sets of regulations. If the injury was caused in a public hospital, the claim was assessed and settled under the rules for the provisional order on patient claims payments. This was a public order based on specified responsibility, and administered by the Norwegian System of Compensation to Patients (NPE). However, claims arising in the private health sector were assessed and settled under general payment laws, and were handled by professional liability insurance in private insurance companies. The intention of introducing new patient claims legislation was that all patient claims should be handled under the same regulatory framework irrespective of the health sector in which the claim arose. So far, the legislation has been applied only in the public health sector, where claims are paid by the public and administered by the NPE, but, from 1 January 2009, it will also apply to the private health sector.
31 October 2008The real estate broker's duty to discover a housing company's forthcoming renovations in FinlandLiability Newsletter 2/2008.
The majority of the buildings of housing companies were built in the 1960s and 1970s, which means that a massive peak in the need for renovation is at hand in the near future. Pipe and facade structure renovations and their costs are additional issues to which real estate brokers need to pay attention. Fulfilling the duty to discover and disclose requires that real estate brokers familiarise themselves with future renovations and their estimated costs. The sales brochure must include the housing company's decisions on, or otherwise definitely known, major repair work and modernisation projects of the building or apartment, as well as an estimate of the schedule for the work and the resulting costs to the buyer.