July 20, 2021 – Many people with statutory health insurance know that the benefits of their health insurance company are not always sufficient in an emergency and therefore rely on additional, private coverage. The areas of foreign patients, dental supplements and daily sickness allowance are popular here. The customer is flexible when it comes to … Read more
Michael Müller (left) and Marc Diening (Photo: Bavaria Yachtbau) On August 1, 2021, Germany’s largest manufacturer of sports boats, Bavaria Yachtbau (Giebelstadt), will have a new boss: Marc Diening (45) will succeed Michael Müller (64), who is moving to the company’s advisory board. For the past five years, Diening was head of the fire protection … Read more
7.7.2021 The Hansemerkur Reiseversicherung AG expands its portfolio in Austria: it now offers bicycle and e-bike insurance for everyday life, leisure and travel. The risk taker is BD24 Berlin Direkt Versicherung AG, a company of the Hansemerkur Group. In the basic version, the product offers “worldwide protection in the event of theft or parts theft, … Read more
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
The company sells SAN under the brand name “Tyril” (Photo: Trinseo) On June 2, 2021, Trinseo (Berwyn, Pennsylvania / USA) lifted the force majeure for SAN deliveries from the Terneuzen location in the Netherlands. The plant is now running at full load again, said a company representative. The sufficient supply of the preliminary product ACN … 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