It is not only in South Africa that the cost of medical negligence lawsuits is draining the health service. There are calls in Britain for reform to help protect the National Health Service from pay-outs which hit GBP1.4 billion in the fiscal year ending March 2016 alone.
The UK Centre for Policy Studies says that
The UK has published the Automated and Electric Vehicles Bill. If an accident is caused by an automated vehicle when driving itself whilst insured at the time it causes anyone to suffer damages, then the insurer is liable for that damage caused to anyone. If the vehicle is not insured the owner of the
It has been reported (Law360) that the International Association of Insurance Supervisors has urged governments to make sure that insurers selling basic cover to the world’s poorest communities keep their products simple to prevent misselling and to avoid excessive costs.
According to the IAIS ‘inclusive insurance products and their distribution need to be easily understood
In July 2017, the first draft of the Taxation Laws Amendment Bill (TLAB) was released by National Treasury for public comment. It will give effect to the majority of the proposed tax legislation changes which were announced by the Minister of Finance in his annual budget speech in February.
The TLAB contains a number of
Artificial intelligence (AI) is rapidly developing and may in the future get a seat at the boardroom table.
The ability of AI to fulfil certain tasks, such as data collection and processing, at a pace exponentially faster than its human counterparts means that businesses cannot function properly without the use of AI in some shape
In an important judgment, the Constitutional Court emphasises that fundamental rights are primarily meant to protect human beings against the state. All the rights contained in our Bill of Rights are very much fundamental rights, including the right to just administrative action enshrined in section 33.
South Africa’s administrative law benefits natural and juristic private
Italian directors now have a specific duty of care to properly manage the company if a business crisis or insolvency is looming.
The Italian parliament recently passed a law empowering the government to adopt legislative measures to reform Italy’s current legal framework on business crisis and insolvency.
The directors’ enhanced duty of care starts long
Most insurance companies acknowledge that major change is coming and the insurance world is excited about the changes that InsurTech may bring. Recently we have seen reports in the media that local insurance companies are spending significant amounts of money in partnering with various InsurTech companies in an effort to embrace the changes.
InsurTech is
The English Court of Appeal has allowed Zambian citizens from the Copperbelt to sue the holding company of a Zambian mining company that allegedly caused pollution and environmental damage resulting in personal injury, damage to property and loss of income to the Zambian claimants.
The processing and disposal of tailings and other effluent from a
Artificial intelligence (AI) software has beaten a group of lawyers from top international firms in an insurance claim accuracy test.
A group of students from the University of Cambridge founded an AI start-up that builds systems that predict legal decisions. These systems were recently pitted against more than 100 partners and associates from major corporate