China Tort Reforms Hike Western Risks

Pozzi, Steven R.
December 2010
Best's Review;Dec2010, Vol. 111 Issue 8, p58
Trade Publication
In this article, the author discusses the risks caused by tort reforms in China. He points out that local companies in the country and other Asian countries tend to forgo purchasing liability insurance unless required. He stresses that the country's tort law is expected to prompt exposure scrutiny. He anticipates that the European and U.S. companies, with their Chinese counterparts, may encounter greater litigation risk for product defects.


Related Articles

  • Texas may pass rate rollbacks.  // Business Insurance;5/15/95, Vol. 29 Issue 20, p2 

    Reports that the Texas Senate will consider rate rollback for all lines of commercial liability insurance.

  • Alabama and Oregon High Courts rule for policyholders... Joyce, Edward M. // Corporate Legal Times;Apr97, Vol. 7 Issue 65, p49 

    Reports that on December 20th and September 26th, 1996 the Supreme Courts of Alabama and Oregon respectively ruled for policyholders, regarding the issue of liability coverage for sudden and accidental pollution exclusion. How the courts viewed the exclusion; Assertion made by insurance companies.

  • Protecting risk group option.  // Business Insurance;11/21/94, Vol. 28 Issue 47, p8 

    Opinion. Comments on the expansion of the Risk Retention Act of 1986 by Congress as a response to the liability insurance crises. Purpose of the act; Implications of the Florida financial responsibility law.

  • Coverage ruling triggers criticism by attorneys. Wojcik, Joanne // Business Insurance;5/23/94, Vol. 28 Issue 21, p3 

    Reports on a ruling of the New York Court of Appeals on personal injury coverage of commercial general liability policies. Question of coverage of pollution-related property damage claims; Observations of lawyers on the ruling; Identification of contradictions; Preclusion of coverage for...

  • Oregon bill would rewrite pollution liability. Ceniceros, Roberto // Business Insurance;3/27/95, Vol. 29 Issue 13, p3 

    Reports that legislation currently before a panel of the Oregon House is designed to encourage the cleanup of contaminated industrial sites and expedite the resolution of environmental coverage claims. Oregon bill H.B. 3352, introduced by Rep. Ray Baum; Set up of guidelines for cases where...

  • Product liability reform bill advancing in Congress. Brostoff, Steven // National Underwriter / Property & Casualty Risk & Benefits Manag;11/15/93, Vol. 97 Issue 46, p2 

    Reports on the Senate Commerce Committee which approved legislation to create a uniform national product liability system. Product Liability Fairness Act; Support for the measure in the House of Representatives; Provisions of the Act.

  • Indiana bill would bar coverage for pollution under CGL form.  // Business Insurance;05/05/97, Vol. 31 Issue 18, p1 

    States that insurers in Indiana have won legislative support and if sign into law will it will allow them the opportunity of removing pollution coverage from commercial general liability policies. What cause the bill to be promoted; Who have criticized the action; What is the purpose of the...

  • Cleanup coverage disputes denied jury trial in New Jersey. Lenckus, Dave // Business Insurance;05/26/97, Vol. 31 Issue 21, p3 

    Cites a decision by a United States Supreme Court on May 12, 1997, which declared that policyholders who sue liability insurers in New Jersey for defense and coverage of future pollution cleanup costs, cannot obtain jury trials. Basis of the court's decision; Uncertainty surrounding the...

  • Bills proposes D&O relief. Zolkos, Rodd // Business Insurance;5/30/94, Vol. 28 Issue 22, p2 

    Reports on the status of a bill in the United States Senate concerning director and officer (D&O) suits. Blockage of meritless shareholder derivative suits; Requirement of proof of management misstatement and omission; Passage of a D&O bill by the New York Senate.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics