Consumer Data Right presents new legal risks and challenges for insurers. Right to consumer data (CDR) offers the consumer greater control over their information, allowing them to access and share their data with accredited third parties to obtain better offers on products and services of daily use. The Australian government sees CDR as central to … Read more
On April 27, the Market Surveillance Department, in collaboration with the Vietnam Economic Police, conducted a surprise inspection of five warehouses in Thanh Hoa – Vietnam. The warehouses are owned by Ms. Truong Thi Lien (born 1971). The inspection team uncovered tens of thousands of suspected counterfeits being offered for sale via live streaming on … Read more
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
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
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
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