Insurers’ Responsibility in Insurance Liability

  • Natalia A. ANTONOVA Institute of Service and Entrepreneurship (Branch) of Don State Technical University, Shakhty, Russia
  • Elena N. LUNYOVA Institute of Service and Entrepreneurship (Branch) of Don State Technical University, Shakhty, Russia

Abstract

Study of insurance as a legal tool of redistribution of property risks in various public relations is especially topical in the situation of unstable economic environment and progressing change of legal basis. Consumers of insurance services name distrust to insurance organizations as one of the reasons for refusal from insurance. Despite the existing diversity of works on insurance, there is still no single opinion on understanding the differences in notions of insurers’ performing liabilities on the agreement and responsibility of insurance organizations. This article analyzes legal regulation of rights and liabilities of insurers in insurance liability for the purpose of determining the reasons for refusal from paying insurance indemnity and determining the limits in the notions of insurer’s performing his responsibility in insurance liability.

References

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***Civil Code of the Russian Federation [part 2] dated January 26, 1996, No. 14 – FZ. Available at: http://www.consultant.ru
***Federal Law ‘On organization of insurance business in the Russian Federation’ dated November 27, 1992, No. 4015 – 1. Available at: http://www.consultant.ru
***Insurance today: expert channel of insurers. Available at: www.insur-info.ru
Published
2017-10-21
How to Cite
ANTONOVA, Natalia A.; LUNYOVA, Elena N.. Insurers’ Responsibility in Insurance Liability. Journal of Advanced Research in Law and Economics, [S.l.], v. 8, n. 3, p. 708-713, oct. 2017. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/1438>. Date accessed: 05 nov. 2024.