Legal Affairs / General

Why we all need product liability and comprehensive insurance

Competition Commission amends practitioner update on asset securitisation schemes

On 10 April 2015, the Competition Commission extended the exemption in Practitioner Update 5 to asset securitisation schemes (Schemes) entered into by non-banking institutions provided the Schemes are in accordance with the regulations issued by the South African Reserve Bank (SARB).

“Error, omission or negligent act” does not include wilfulness

Travelers Off The Hook In Cyber Liability Suit Defense

Endorsement overrides policy terms

“Where an endorsement conflicts with the body of an insurance policy, the endorsement controls.” So said a US court in a claim by sugar farmers for assistance in the defence of a claim for the negligent spraying of weed killer on the neighbouring date palm farm.