Australian law firm Slater & Gordon has agreed to acquire the business of UK law firm Russell Jones & Walker for £53.8m subject to the grant of an Alternative Business Structures licence by the UK Solicitors Regulation Authority.
Slater & Gordon said that the agreement to acquire the business comes after more than 12 months of extensive due diligence. The acquisition includes RJW’s claims management brands, Claims Direct. ...
The company, formerly known as Quindell, could face claims worth over £11m from 440 disgruntled shareholders.
The AA’s British Insurance Premium Index for the first quarter of 2016 has shown a slight increase in rates for home insurance, with car premiums flat.
The couple who booked a flight from the ‘wrong Birmingham’ may have been given a free holiday in consolation, but they would not have been able to claim on their travel insurance.
Allianz Group has seen its earnings increase to €2.2bn (£1.7bn) from €1.8bn in the same period last year.