Compulsory Liability Insurance for Marine Drilling Platforms Pollution under Chinese Law

Compulsory liability insurance has widely existed in the field of marine insurance. However, marine drilling platforms have always been excluded from this system in China. In view of the special legal nature of oil pollution compulsory liability insurance for marine drilling platforms, this paper analyzes a number of issues related to oil pollution compulsory liability insurance, elaborates on the necessity for China to implement the system and makes some suggestions about the implementation of that.

Research on Improving the Vaccine Damage Relief Mechanism

Under the background of healthy China strategy,vaccine safety is an important link to ensure the health of all people.Perfecting china's vaccine damage relief mechanism is the last line of defense to maintain vaccine safety.With the intervention of vaccine compulsory liability insurance,China will form a vaccine damage relief system based on the government administrative compensation and liability insurance compensation model.Consideration should be given to expanding funding sources for vaccine compensation,simplifying vaccine injury compensation procedures,harmonization of vaccine coverage and standards,and encouraging the development of commercial vaccine-related insurance.Form a vaccine damage relief mechanism that the government,the market and the society share the risk.

Directors and Officers Liability Insurance and High-Quality Development of Enterprises:From the Perspective of Agency Cost and Innovation Incentive

High-quality economic development can be achieved if a major strategic direction for China are delivered from the macro level to the micro level.Taking A-listed enterprises in China from 2005 to 2018 as samples,this paper studies the impact of directors and officers liability insurance(D&O insurance)on the high-quality enterprise development.The research results show that D&O insurance can promote high-quality development.In addition,the mechanism test shows that D&O insurance can reduce agency costs and improve innovations and high-quality enterprise development.Further analysis shows that when state-owned enterprises including their internal controls has no major defects,D&O insurance has more significant positive impact.Thus,this paper suggests that the insurance should be promoted for realizing high-quality enterprise development.

Patent infringement liability insurance:the application of professional liability in patent opinions

The patent infringement liability insurance is a kind of product to provide liability insurance for manufacturers,sales men,or other bodies from being accused of patent infringement on other’s rights.According to the terms of insurance contracts,before such insurance product being insured,the insurer demands a legal opinion by patent lawyers,or other related professionals,stating clearly that the insuring product seemed noninfringement of others valid patent rights.Then,the insurance company can sign the contract just to have insured the patents listed on the legal opinion as cause of the infringement lawsuit.So when the legal opinion have flaws,it would cause a certain loss to the insurer or the applicant.The paper takes views of patent infringement liability insurance to bring up issues on the professional liability of the legal opinion.