Analysis: The next COVID recall shots will likely be updated for Omicron

NEW YORK (Reuters) – COVID-19 vaccines this fall are likely to be based on the Omicron variant of the coronavirus rather than the original strain, though some experts suggest they could only offer significant benefits to elderly and immunocompromised people. Moderna, Pfizer and Novavax tested vaccines based on the first Omicron variant that became dominant … Read more

Explanation: Can Cryptocurrency Holders Recover Losses in Court?

Representations of virtual cryptocurrencies are placed on US dollar banknotes in this illustration taken November 28, 2021. REUTERS / Dado Ruvic / Illustration / File Photo Register now for FREE unlimited access to Reuters.com Sign in June 24 (Reuters) – A drop in cryptocurrency prices and the collapse of a stablecoin has led some investors … Read more

How can insurance companies anticipate CDR implementation in 2022?

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

Vietnam: seizure of huge numbers of suspected counterfeit products sold via livestream

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

Tech firm NCR fights antitrust lawsuit over encrypted ATMs

A bitcoin ATM is seen in a booth during the Bitcoin Conference 2022 in Miami Beach, Florida, April 6, 2022. REUTERS / Marco Bello / File Photo Register now for FREE unlimited access to Reuters.com Sign in Summary Law firms Related documents A lawsuit by the US Alliance Group alleged that NCR’s purchase of an … Read more

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

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

US exchange Binance sued cryptocurrency investor over stablecoin crash

NEW YORK, June 13 (Reuters) – Binance US and its CEO were sued Monday by a US investor who claims the cryptocurrency exchange falsely marketed Terra USD as a safe asset before the so-called stablecoin plummeted. last month. Stablecoins are digital tokens anchored to the value of traditional assets, such as the US dollar, and … Read more