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Road Traffic Accidents Cost Society Over 26 Trillion Won in 2022

Road Traffic Accidents Cost Society Over 26 Trillion Won in 2022

WONJU, Feb. 16 (Korea Bizwire) – The Korea Road Traffic Authority (KoRoad) revealed on February 15 that the social cost incurred from road traffic accidents in 2022 exceeded 26 trillion won. This estimation includes the monetary value of human and material damages as well as the costs borne by social institutions.  Despite a 2.6% decrease from [...]

E-scooter Accidents Up 10-fold Over Last 5 Years: Data

E-scooter Accidents Up 10-fold Over Last 5 Years: Data

SEOUL, Sept. 27 (Korea Bizwire) — Accidents and deaths caused by electric scooters and other personal mobility vehicles have increased dramatically over the last five years, data showed Monday. Rep. Oh Yeong-hwan of the Democratic Party referred to a report submitted by the Korea Road Traffic Authority indicating that the number of accidents caused by [...]

Inline Skating Accidents Causing Human Injuries Qualify as Gross Negligence Traffic Accidents

Inline Skating Accidents Causing Human Injuries Qualify as Gross Negligence Traffic Accidents

SEOUL, May 3 (Korea Bizwire) — A new law has entered effect to qualify inline skating accidents causing human injuries on the pavement as gross negligent traffic accidents. The National Police Agency recently ordered police stations around the country to consider cases in which people older than 13 years cause human injuries while riding inline [...]

Patients Injured in Electric Kickboard Accidents Can Seek Compensation from Car Insurers

Patients Injured in Electric Kickboard Accidents Can Seek Compensation from Car Insurers

SEOUL, Oct. 12 (Korea Bizwire) — The treatment cost for pedestrians injured due to the fault of electric kickboard users will be paid in advance by the car insurance of the pedestrians or their families. The Financial Supervisory Service is known to have issued a notice of amendment last month stating that the definition of [...]