Frankfurt Higher Regional Court Rules Bank Customer Liable for Phishing Attack, No Right to Credit

Frankfurt Higher Regional Court Rules Bank Customer Liable for Phishing Attack, No Right to Credit

February 19, 2024 – Anyone who carelessly increases their transfer limit as part of a phishing attack and thereby enables online fraudsters to access their bank account is acting with gross negligence. He therefore has no right to have his financial institution credit his account with the money stolen by the fraudsters. The Frankfurt am … Read more

ADAC, Allianz, Ammerländer, Arag, Cosmos, DEVK, Ergo, Generali, GEV, GVO, Interrisk, Münchener Verein, Provinzial and R+V Ranked ‘Very Good’ in Claims Settlement for Private Liability Insurance: Study

ADAC, Allianz, Ammerländer, Arag, Cosmos, DEVK, Ergo, Generali, GEV, GVO, Interrisk, Münchener Verein, Provinzial and R+V Ranked ‘Very Good’ in Claims Settlement for Private Liability Insurance: Study

January 30, 2024 – From a customer perspective, ADAC, Allianz, Ammerländer, Arag, Cosmos, DEVK, Ergo, Generali, GEV, GVO, Interrisk, Münchener Verein, Provinzial and R+V offer “very good” claims settlement in private liability insurance. This emerges from a study by Servicevalue commissioned by Focus Money magazine. In total, almost 60,000 customer opinions were collected from a … Read more

Verivox Study Reveals Up to 42% Savings on Vehicle Insurance Premiums Through Deductible and Workshop Commitment

Verivox Study Reveals Up to 42% Savings on Vehicle Insurance Premiums Through Deductible and Workshop Commitment

January 23, 2024 – At its peak, a deductible brings a cost advantage of 42 percent and a workshop commitment of 36 percent on the annual vehicle premium. This is shown by an evaluation by Verivox. Die Verivox GmbH examined the offerings of 70 motor vehicle insurance companies for savings opportunities for consumers. Around 400 … Read more

Compass Group AG Acquires Seeback Consulting & Investment Company mbH and One2marketing GmbH, Expanding into Dental Insurance Market

Compass Group AG Acquires Seeback Consulting & Investment Company mbH and One2marketing GmbH, Expanding into Dental Insurance Market

8.1.2024 Die Compass Group AG has the end of December Seeback Consulting & Investment Company mbH including their insurance broker subsidiary ZVO GmbH as well as a participation in the One2marketing GmbH accepted. The contractual partners have agreed not to disclose the modalities. “The takeover expands our existing business to include the lucrative dental insurance … Read more

Check24 Comparison: How Singles and Families Can Save Up to 7,971 Euros Annually

Check24 Comparison: How Singles and Families Can Save Up to 7,971 Euros Annually

December 22, 2023 – According to a comparison by Check24, singles can save up to 4,285 euros annually by changing their contract. Families sometimes have up to 7,971 euros more in their wallets. The greatest savings opportunities appeared in the area of ​​insurance. The annual savings potential for individuals is up to 3,004 euros and … Read more

Understanding Professional Pension Funds and Occupational Disability for Lawyers: Insights from Expert Thomas Stephan

Understanding Professional Pension Funds and Occupational Disability for Lawyers: Insights from Expert Thomas Stephan

December 14, 2023 – In addition to old-age pensions and survivors’ pensions, a professional pension fund can also provide protection in the event of occupational disability. However, the associated requirements are often very strict. For lawyers, for example, a service may require the return of their professional license. The problem is described by the special … Read more

Occupational disability insurance: Can a “tactical sick note” be concealed in the application?

Occupational disability insurance: Can a “tactical sick note” be concealed in the application?

December 4, 2023 – If a policyholder fails to state in his occupational disability insurance application that he was on short-term sick leave years before due to a mental stress disorder caused by his work, the insurer has the right to withdraw from the contract. The Saarbrücken Higher Regional Court decided this in its judgment … Read more

Motor vehicle insurance: Stiftung Warentest offers individual tariff comparisons

Motor vehicle insurance: Stiftung Warentest offers individual tariff comparisons

28.11.2023 Car insurance is becoming significantly more expensive. Many insurers have not yet sent out their invoices. Customers are facing a price shock that could trigger a real wave of changes, it was recently said at the “Handelsblatt Summit 2023” (VersicherungsJournal November 22, 2023). Also the Stiftung Warentest warns of generally increasing contributions. The consumer … Read more

Corporate Bankruptcies in Austria: a 10.6 Percent Increase in 2023

Corporate Bankruptcies in Austria: a 10.6 Percent Increase in 2023

November 9, 2023 – According to Creditreform, there were 4,016 corporate bankruptcies in the first three quarters. Despite the 10 percent increase, there is no reason to be alarmed, especially since the value is at a comparatively low level. In the credit and insurance sector went According to final data, a total of 4,016 company … Read more

The German Actuarial Association proposes a concerted solution for insurability of natural hazards

The German Actuarial Association proposes a concerted solution for insurability of natural hazards

October 11, 2023 – The German Actuarial Association proposes a concerted solution consisting of prevention, private insurance and accumulation loss coverage in the event of a disaster in order to achieve sufficient long-term insurability of natural hazards. One aspect could be the elimination of insurance tax. He intervened in the debate about the introduction of … Read more