June. 2003

                                               http://www.china-investigation.com

On May 30, 2003, all the partners of Steele Legal Office assembled in President Yang Hai’s home spent a happy weekend.

On 2 June, Steele President Yang Hai was invited to be the China local journalist of the Australia magazine <The Investigator> to provide more Chinese information for the magazine.

Ireland President Bertie Ahern accepted CII invitation and will attend the opening ceremony of CII 49th Annual Conference, which will be held in Kinsale during 16-20 of September. The chairman of European Parliament Pat Cox will attend CII conference banquet. Mr. Cox is friend of CII former President Derek Nally.

CFE will hold all kinds of conferences to promote communicating between members in the second half year of 2003: 14th Anti-fraud Conference will be held in Chicago USA during August 3-8; CFE Pacific Area 2003 Anti-fraud Conference will be held in Sydney, Australia during September 11-12.

Regarding the courses, timetable, case scope of lawyer interviewing criminal suspect or indictee, Beijing Public Security Bureau have made the new rules: Public Security Department should arrange their meeting within 48 hours after lawyer’s application unless the case involved in national confidential information.

The establishing of the first insurance Public Estimate Company Chong Qing Ping Zheng Insurance Public Estimate Company indicated the formal starting up of Chong Qing Insurance Public Estimate Market.

Chinese Bank Credit Registration System, Ying Jing national network is put in practice now. Financial Department can obtain its clients’ due diligence information by searching Central Bank database, enterprise credit information sharing comes true. It is a good beginning of Chinese Credit System Construction.  

Professional Insurance Agency is coming into Chinese Insurance market, there were 249 agencies have gotten the permission until 31 May. Chinese Insurance Supervision Management Committee’s information shows that there were 63 insurance agencies got the permission of Insurance Supervision Management Committee within May.

《Resound Trade Marks Identify and Protection Rule》 was put in practice on June 1st, which was made by State Administration For Industrial and Commerce, for more details please visiting website:                   http://www.law-star.com/classnews/zxdt/2003052808.htm

Law agency and investigation services like twins are supplement each other. e.g. whether won a lawsuits depends on investigation services of evidence obtaining before lawsuit except lawyer’s profound legal knowledge;  whether loss can get furthest retrieve after lawsuits depends on results of investigation into indictee’s assets; whether enterprise’s barrister is success depends on his knowledge of enterprise’s management, market demands and information of compete opponent, etc.

The job got more and more specialized as the social advancement, investigation does so, it is divided into criminal investigation, commercial investigation, civil affair investigation, due diligence investigation, market investigation and marital investigation and so on. Professional investigation services of partner’s due diligence and debtor’s asset tracing investigation are very helpful to lawyer. First, it can help clients get the furthest retrieve and help lawyer to accept the case. Second, investigative company is responsible for the clients directly, accept their trust to do the investigation. Thirdly, during the investigation, investigation company can accordance with lawyer’s enquire to complete evidence obtaining. Last, save more time for lawyer.

In one words, lawyer’s work can be easier under cooperation with professional investigation company.

The book《Theory and Practice of Modern Reinsurance》will be published soon, which was edited by Dai Fengju, General Manager of Chinese Reinsurance Company, Wu Dingfu, Chairman of Chinese Insurance Supervision Management Committee, prefaced and named the book.  This book combines development of Chinese insurance and reinsurance, gives key theory and practice issues on management of reinsurance from views of economical globalization. It is systemsticness, innovation and practical. Wu Dingfu designated its practical and positivity for richening national insurance theory, popularizing reinsurance theory, operation and standardizing reinsurance management of national insurance company.

Insurance investigation column                                                          Fraud Claim Investigation Points —Auto Theft or Auto Injury Claims

The policy inception date and how soon after the inception the claim occurred.

The coverage purchased and the manner of payment.

Determine if the insured purchased only the coverage triggered by the new claim or pay only the minimal amount to obtain the maximum coverage before making the claim.

Every person involved in the loss is identified with name, address, telephone number and relationship to the insured and the claim.

Recorded statements, examinations under oath or depositions of all of the involved persons are taken and compared to determine if the stories are consistent and make sense.

Photographs of the vehicles involved are taken and determination is made whether the damage is old or new, whether the physical damage matches the description of the accident and whether the physical damage is consistent with the injuries claimed.

Copies proving ownership of the involved vehicles are obtained to determine if the vehicles are owned by the people claiming ownership, whether they were purchased shortly before the new claim, and whether they were purchased at auction, a dealership or an identified private party or an unidentified source.

Evaluate the injuries, treatment and bills, at a minimum by requesting medical records and underlying bills; narrative reports, x-rays or imaging tests; evaluate whether the CPT billing codes comport with the description of the treatment reported by the claimant.

Review the policy application to determine the truth of the representations made.

Determine whether it is necessary to have an expert review the medical records.

Check all claims databases.

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