scholarly journals Experience of Korea in setting up an insurance database system and proposed solutions for Vietnam

2021 ◽  
Vol 63 (4) ◽  
pp. 13-16
Author(s):  
Vu Minh Nguyen ◽  
◽  
Changsoo Lee ◽  
Keyword(s):  
Motor Vehicle ◽  
Civil Liability ◽  
Database Systems ◽  
Liability Insurance ◽  
Insurance Companies ◽  
Technology System ◽  
National Insurance ◽  
The Common ◽  
Insurance Database ◽  
Share Information

Clause 1, Article 33, Decree 03/2021/NĐ-CP dated January 15, 2021, on compulsory civil liability insurance of motor vehicle owners, clearly regulate the responsibility of insurance companies in developing and operating information technology system to guarantee statistical affairs and update the implementation of compulsory civil liability insurance of motor vehicle owners to ensure the connection to database on compulsory civil liability insurance of motor vehicle ownersas well as responsibility for insurance companies to provide minimum information on the system. However, in reality, insurance companies use their own database systems and hesitate to share information on the common database,thus causing difficulties for management. This issue leads to difficulties in data management and sharing. A cause of this situation is that insurance companies worry about the risk of losing customers when information is public. In order to resolve this issue, the paper will analyse a model that has been successfully deployed in Korea, from which, proposes several recommendations to contribute to the early realisation of the national insurance databases in Vietnam.

scholarly journals INSURANCE COVERAGE IN CIVIL LIABILITY OF MOTOR VEHICLES OWNERS’ COMPULSORY INSURANCE (COMPARATIVE ANALYSIS OF THE LEGISLATION OF THE REPUBLIC OF TURKEY AND THE REPUBLIC OF AZERBAIJAN)

InterConf ◽  
2021 ◽  
pp. 199-205
Author(s):  
Faik Birishik
Keyword(s):  
Motor Vehicle ◽  
Insurance Coverage ◽  
Civil Liability ◽  
Liability Insurance ◽  
Motor Vehicles ◽  
Coverage Area ◽  
Compulsory Insurance ◽  
The Law ◽  
The Republic ◽  
Republic Of Turkey

Both Turkish and Azerbaijani legislation requires motor vehicle owners to enter into a contract of compulsory civil liability insurance. The list of vehicles with compulsory civil liability insurance to third parties is reflected in Article 50.2 of the Law of the Republic of Azerbaijan on “Compulsory Insurance”. A similar list of vehicles with compulsory civil liability insurance is reflected in the Law of the Republic of Turkey “On Motor Roads”. Losses included in the coverage area of the insurance contract on compulsory civil liability insurance of motor vehicle owners are classified in the form of damage to vehicles, material damage and damage to life and health of the victim.

scholarly journals The First Liability Insurance Cartel in America, 1896–1906

2011 ◽  
Vol 29 (2) ◽  
pp. 375-417
Author(s):  
Sachin S. Pandya
Keyword(s):  
United States ◽  
The United States ◽  
Liability Insurance ◽  
Insurance Companies ◽  
Personal Injury ◽  
Tort Liability ◽  
Business Operations ◽  
Premium Rates ◽  
Share Information

This article studies the rise and fall of the first liability insurance cartel in the United States. In 1886, insurance companies in America began selling liability insurance for personal injury accidents, primarily to cover business tort liability for employee accidents at work and non-employee injuries occasioned by their business operations. In 1896, the leading liability insurers agreed to fix premium rates and share information on policyholder losses. In 1906, this cartel fell apart.

scholarly journals La cultura de seguros de responsabilidad civil antes y después del sismo 16 de abril 2016, provincia Manabí, Ecuador

ECA Sinergia ◽  
2020 ◽  
Vol 11 (2) ◽  
pp. 21
Author(s):  
Mercedes Noemi Véliz Valencia ◽  
Pamela Proaño Tejena ◽  
Jairo Mendoza García ◽  
Yolangue Véliz Valencia
Keyword(s):  
Developing Countries ◽  
Civil Liability ◽  
Third Parties ◽  
The State ◽  
Liability Insurance ◽  
Insurance Companies ◽  
Business Sector ◽  
Palabras Clave ◽  
Before And After ◽  
Field Information

  Los seguros de responsabilidad civil se han convertido en la póliza más importante que cualquier empresa debe adquirir para solventar daños o perjuicios de los que pueda ser civilmente responsable ya sea a la empresa o terceras personas. En países en desarrollo la tendencia es que haya poca cultura de seguros de responsabilidad civil, sin embargo, se ha llegado a considerar que el sismo ocurrido en Ecuador el 16 de abril de 2016 fue un estímulo para mejorar esa cultura en el país. Por tal motivo, se plantea como objetivo de este artículo caracterizar la cultura de seguros de responsabilidad civil antes y después de sismo de 16 de abril de 2016 en Manabí, en Ecuador, por haber sido una de las provincias más afectadas por dicho evento. La investigación fue documental y de campo, el alcance fue exploratorio y el diseño transversal – no experimental. La información documental se obtuvo de los informes de la Federación de Empresas Aseguradoras después del sismo y la de campo se recolectó a través de entrevistas realizadas a dos representantes de empresas aseguradoras y dos representantes del sector empresarial de la provincia de Manabí. Los resultados indican que la cultura de seguros de responsabilidad civil mejoró después del sismo, pero no en niveles óptimos. Se concluye que para incrementarla se requiere de la integración coordinada de acciones de Estado, empresas aseguradoras y empresas no aseguradoras, para que de ocurrir nuevamente una tragedia como la del 16 de abril de 2016, el Estado y las empresas no tengan necesidad de altos niveles de endeudamiento para recuperarse económicamente.   Palabras clave: aseguradoras; empresas; cultura de seguros de responsabilidad civil; gestión de seguros.   Abstract Civil liability insurance has become the most important policy that any company must acquire to settle damages or losses for which it may be civilly liable, whether to the company or third parties. In developing countries, the trend is that there is little culture of civil liability insurance, however, the earthquake that occurred in Ecuador on April 16, 2016 has been considered to be a stimulus to improve that culture in the country. For this reason, the objective of this article is to characterize the culture of civil liability insurance before and after the earthquake of April 16, 2016 in Manabí, Ecuador, for having been one of the provinces most affected by said event. The research was documentary and field, the scope was exploratory and the design was transversal - not experimental. The documentary information was obtained from the reports of the Federation of Insurance Companies after the earthquake and the field information was collected through interviews with two representatives of insurance companies and two representatives of the business sector in the province of Manabí. The results indicate that the culture of liability insurance improved after the earthquake, but not at optimal levels. It is concluded that to increase it requires the coordinated integration of State actions, insurance companies and non-insurance companies, so that if a tragedy like that of April 16, 2016 occurs again, the State and companies do not need high levels debt to recover financially.   Keywords: insurers; companies; culture of civil liability insurance; insurance management.

Clarifying the Concept of Victim in the Motor Vehicle Drivers' Liability Insurance: The ECJ's Judgment in Case C-442/10

2012 ◽  
Vol 3 (2) ◽  
pp. 257-260 ◽  
Author(s):  
Vadim Mantrov
Keyword(s):  
Motor Vehicle ◽  
Civil Liability ◽  
Liability Insurance ◽  
Motor Vehicles ◽  
Insurance Company ◽  
Member States ◽  
Company Limited ◽  
Council Directive ◽  
Motor Insurance

Case C-442/10, Churchill Insurance Company Limited v Benjamin Wilkinson and Tracy Evans v Equity Claims Limited [2011] ECR I-00000Article 3 No. 1 of Council Directive on the approximation of the laws of the Member States relating to insurance against civil liability in respect of the use of motor vehicles, and to the enforcement of the obligation to insure against such liability, as amended, codified and repealed by Directive 2009/103/EC, OJ L - 103, of 02.05.1972. pp. 1–6. [First Motor Insurance Directive]Article 2 No. 1 of Second Council Directive 84/5/EEC of 30 December 1983 on the approximation of the laws of the Member States relating to insurance against civil liability in respect of the use of motor vehicles, as amended, codified and repealed by Directive 2009/103/EC, OJ L – 8, of 11.01.1984. pp. 17–20. [Second Motor Insurance Directive]Article 1 No. 1 of Third Council Directive 90/232/EEC of 14 May 1990 on the approximation of the laws of the Member States relating to insurance against civil liability in respect of the use of motor vehicles, as amended, codified and repealed by Directive 2009/103/EC, OJ L – 129, of 19.05.1990. pp. 33–35. [Third Motor Insurance Directive]

Cláusulas de franquicia o deducible en seguros de responsabilidad civil en el Derecho español: Naturaleza y efectos respecto de terceros perjudicados

2018 ◽  
pp. 101
Author(s):  
Rafael Lara González
Keyword(s):  
Civil Liability ◽  
Third Parties ◽  
Insurance Contract ◽  
Third Party ◽  
Liability Insurance ◽  
Legal Doctrine ◽  
Insurance Contracts ◽  
Spanish Law ◽  
Palabras Clave ◽  
Legal Nature

ResumenPese a su ubicuidad en la práctica contractual, las cláusulas de franquicia han recibido tratamiento incidental en la doctrina. La discusión sobre ellas se ha enfocado en los contratos de seguros de responsabilidad civil, y en la interpretación del artículo 76 de la Ley española de Contrato de Seguro. En este contexto se ha tratado de establecer si el asegurador puede o no oponer la cláusula de franquicia al tercero perjudicado. El presente trabajo analiza la cláusula de franquicia en la obligación principal del asegurador, su naturaleza jurídica, y examina su relación con los terceros perjudicados. La consideración principal a este respecto estará en si nos encontramos ante un seguro obligatorio o ante un seguro voluntario de responsabilidad civil. Palabras clave: Contrato de seguro; Cláusula de franquicia; Terceroperjudicado; Responsabilidad civil.AbstractDespite their ubiquity in contractual praxis, deductible clauses have received only incidental treatment in legal doctrine. Discussion on them has focused on civil liability insurance contracts, and the interpretation of article 76 of the Spanish Law of Insurance Contracts. In this context it has been attempted to establish whether the insurer can invoke the clause to oppose the injured third party's claim. This article examines the deductible clause included in the insurer's main obligation, its legal nature, and its relation to injured third parties. The main consideration in this regard will be whether the insurance contract is of a mandatory or voluntary nature.Keywords: Insurance contract; Deductible clause; Injured third party; Civil liability.

scholarly journals Personal Watercraft Incident Court Decisions: The Plaintiff’s Odds?

2021 ◽  
Vol 13 (9) ◽  
pp. 5096
Author(s):  
Eui-Yul Choi ◽  
Woo Jeong Cho
Keyword(s):  
Motor Vehicle ◽  
The United States ◽  
Insurance Companies ◽  
Court Decisions ◽  
Regression Analyses ◽  
Demographic Information ◽  
Slowing Down ◽  
Personal Watercraft ◽  
Successful Adults ◽  
Significant Factors

A personal watercraft (PWC) is a vessel that uses an inboard motor powering a water jet pump as a source of power and is operated by a person sitting, standing, or kneeling. Maneuvering a PWC is different from operating a motor vehicle or boat. An obstacle cannot be avoided by slowing down and turning the watercraft; throttle power is required to turn or maneuver the PWC. The watercraft stops only by drifting or turning sharply. The study examined sixty court decisions published in LexisNexis databases of the United States over the last decade. Cases included individuals injured while operating a PWC as a driver, passenger, or as a result of contact with a watercraft. A content analysis identified items to be used in the study. Crosstab and logistic regression analyses were used to identify demographic information and the characteristics of those who succeeded in a court of law. One-third of the cases were successful; adults, males, and the party who sustained a severe injury were more successful in a court of law with the exception of the statistically significant factors (high risk maneuvers and sharp turns). Among the additional results, we should be aware that insurance companies may not pay; additionally, it is unwise to loan a PWC to a female who has no experience.

Compulsory civil liability insurance, financial security: An integral component of compensation for ship-source oil pollution damage

2021 ◽  
Vol 33 (2) ◽  
pp. 435-441
Author(s):  
Pham Van Tan
Keyword(s):  
Large Scale ◽  
Oil Spills ◽  
Oil Pollution ◽  
Civil Liability ◽  
Economic Loss ◽  
Liability Insurance ◽  
Financial Security ◽  
Pollution Damage ◽  
Significant Harm ◽  
Oil Tankers

Oil pollution damage caused by oil spills at sea generally occurs on a large scale across numerous regions and countries, causing significant harm to marine ecosystems as well as worldwide economic loss. The costs are so severe in many instances that the owner of the ship responsible for the pollution cannot afford to pay compensation to those who have suffered loss. As a consequence, the need to cover oil pollution damages has given rise to compulsory liability insurance, which provides a financial guarantee against the costs of oil spills. Compulsory civil liability insurance has therefore become an indispensable part of the liability regime for owners of oil tankers and bunkers.

scholarly journals Psychological distress following a motor vehicle crash: evidence from a statewide retrospective study examining settlement times and costs of compensation claims

BMJ Open ◽  
2017 ◽  
Vol 7 (9) ◽  
pp. e017515 ◽  
Author(s):  
Rebecca Guest ◽  
Yvonne Tran ◽  
Bamini Gopinath ◽  
Ian D Cameron ◽  
Ashley Craig
Keyword(s):  
At Risk ◽  
Psychological Distress ◽  
Retrospective Study ◽  
Injury Severity ◽  
Motor Vehicle ◽  
Multivariate Logistic Regression Analysis ◽  
Musculoskeletal Injury ◽  
Motor Vehicle Crash ◽  
Insurance Companies ◽  
Vehicle Crash

ObjectiveTo determine whether psychological distress associated with musculoskeletal injuries sustained in a motor vehicle crash (MVC), regardless of time of onset, impacts compensation outcomes such as claim settlement times and costs. Second, to identify factors routinely collected by insurance companies that contribute to psychological distress during the compensation process.DesignStatewide retrospective study.Data sourceAnalysis of the New South Wales statewide (Australia) injury register for MVC survivors who lodged a compensation claim from 2011 to 2013.Participants6341 adults who sustained a musculoskeletal injury and who settled a claim for injury after an MVC. Participants included those diagnosed with psychological distress (n=607) versus those not (n=5734).Main outcome measuresTime to settlement and total costs of claims, as well as socio-demographic and injury characteristics that may contribute to elevated psychological distress, such as socio-economic disadvantage, and injury severity.ResultsPsychological distress in those with a musculoskeletal injury was associated with significantly longer settlement times (an additional 17 weeks) and considerably higher costs (an additional $A41 575.00 or 4.3 times more expensive). Multivariate logistic regression analysis identified risk factors for psychological distress including being female, social disadvantage, unemployment prior to the claim, not being at fault in the MVC, requiring ambulance transportation and rehabilitation as part of recovery.ConclusionsResults provide compelling evidence that psychological distress has an adverse impact on people with musculoskeletal injury as they progress through compensation. Findings suggest that additional resources should be directed toward claimants who are at risk (eg, the socially disadvantaged or those unemployed prior to the claim), the major aim being to reduce risk of psychological distress, such as post-traumatic stress disorder, and associated risk of increased settlement times and claim costs. Prospective studies are now required that investigate treatment strategies for those at risk of psychological distress associated with an MVC.

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