June 29, 2021 – After further storms in the past week, the hail insurance company filed further damage reports: In Styria and Burgenland, the agricultural damage amounts to eight million euros. The Lower Austrian Insurance Company estimates the damage it incurs at 70 to 80 million euros. ADVERTISING – – Last week’s hailstorms left devastating … Read more
June 24th, 2021 – 62.6 percent including motor vehicles, 63.5 percent excluding motor vehicles – that was the total loss rate in Austria’s insurance industry in 2020 in non-life insurance. Among the sub-divisions identified by the VVO, the amount varies greatly, the spectrum ranges from around 30 to over 200 percent. The claims ratio is … Read more
June 17, 2021 – In the current comparison, Stiftung Warentest has taken into account agent offers for the first time. The test results show how necessary this is. However, these are still superficial, the calculation scheme is not transparent. The evaluation of the capital payment is also questionable. In the July issue of their journal … Read more
2.6.2021 – Following a ruling by the Vienna Commercial Court on the subject of guarantee fund loss in fund policies, the consumer protection association recently announced further proceedings against Zurich. As Zurich has now told us, from their point of view, the proceedings have not yet been concluded: they have taken an appeal and the … Read more
1.6.2021 – A policyholder’s claims threatened to become statute-barred, her legal expenses insurer was already assuming the costs of safeguarding her interests. But her lawyer did not inform her of this and only forwarded the letter from the insurer “for your information”. The Supreme Court decided: The lawyer has violated his duty of care and … Read more
May 31, 2021 – Unlike those with statutory health insurance, those who have taken out private health insurance are not covered by statutory accident insurance in the event of an accident suffered during a hospital stay. The Saxon State Social Court decided that on April 28, 2021 (L 6 U 18/19). A lawyer who was … Read more
May 27, 2021 – After a corona-related business closure, a hotel operator is demanding cover from his legal expenses insurer for a lawsuit against the business interruption insurer. The Supreme Court decided: The measures were sovereign orders addressed to a majority of people, the pandemic was an exceptional situation and there was a connection between … Read more
May 26th, 2021 – Running has become the passion of realtor Kim Hahn. She is now gaining customers with it. Your running stories on Instagram are even followed by those who don’t run. The mid-sized companies gathered on site register the sponsorship of running shirts at events. The mediator has dealt intensively with the dangers … Read more
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5/26/2021 – Whether ecological travelers cause less damage will probably have to be proven with the discounts, but they need other benefits. Therefore, the Arag has renewed its top cover letter. Rhion, which belongs to the Rhineland Group, has supplemented dog owner liability and private liability. Adam Riese expands the offer to include residential building … Read more
May 25, 2021 – The book is a guide and companion in the life of a managing director, the third edition of which now contains the current legal situation, case law and literature. In addition to the representation of the rights, duties and liability of the GmbH managing director, checklists, sample briefs and legal sources … Read more