A split usage-based auto insurance model for level four autonomous vehicle owners?

On June 15, 2022, the National Highway Traffic Safety Administration (NHTSA) released its initial summary report on accidents with self-driving vehicles collected through his Permanent general order. According to the NHTSA, 130 accidents involving vehicles with level 3-5 automated driving systems have been reported in the past year. Although NHTSA’s recent summary does not specify … Read more

The California bill would have gun owners purchase liability insurance

SACRAMENTO, California (AP) – California would be the first state to require gun owners to purchase liability insurance to cover the careless or accidental use of their firearms if lawmakers pass a measure announced Thursday. “Guns kill more people than machines. Yet gun owners aren’t required to carry liability insurance like car owners do, “Democratic … Read more

Political Risk Insurance – Lexology

One of the most significant risks faced by foreign investors in developing countries is ‘disruption of the operations of companies by political forces and events’.2 The range of political risks faced by investors includes breach of contract, adverse regulatory changes and restrictions on currency transfers, expropriation and political violence. In a 2019 survey conducted by … Read more

Marine Insurance – Lexology

This article is an extract from The Shipping Law Review – Edition 9. Click here to view the full guide. I Introduction Marine insurance was one of the first insurances contemplated by merchants when international trade began. As a hub for international trade across the globe since the 1600s, England has a long and distinguished … Read more

Fire Insurance Covers Series Part 3: Standard Module Policy Exclusions

Even when claims are within the scope of coverage, insurers often rely on exclusions in an effort to avoid coverage for claims caused by fires. In this post from the blog’s bushfire insurance coverage series, we discuss the interplay between grants and coverage exclusions and the “simultaneous anti-litigation” provision. Insurers may cite exclusions in an … Read more

Washington Attends Cryptocurrency Conference To Talk About Regulation: Federal Stablecoin Law Could Be Passed This Year

(Kitco News) Following the widely accepted Lummis-Gillibrand cryptocurrency law, US lawmakers are ready to roll up their sleeves to pass a clear federal stablecoin law following the collapse of the TerraUSD stablecoins. This week, US lawmakers took to Austin, Texas to attend a popular Consensus 2022 cryptocurrency conference that was attended … Read more

Recent developments in the Italian insurance sector

The most recent developments that have impacted the insurance sector in Italy are summarized below. (a) on May 25, 2025, Decree no. 55/2022 of the Italian Ministry of Economy and Finance on the register of beneficial owners was published in the Italian Official Gazette (the “Decree”). In particular, the Decree provides for the electronic communication, … Read more

Vermont passes Insurance Data Security Act

On May 27, 2022, Vermont Governor Phil Scott signed H.515, making Vermont the 21st state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). Vermont Insurance Data Security Law applies to “licensees”: those who are licensed to operate or registered and those who must be licensed, licensed, … Read more