Claims
Companies warned to prepare for steeper fines and custodial sentences for H&S breaches
Companies and individuals convicted of health and safety offences will respectively face steeper fines and be subject to custodial sentences when new sentencing guidelines come into effect in February 2016, according to law firm Kennedys.
Parabis Group confirms Plexus sale to original founders
Parabis Group has confirmed it is selling its defendant and consumer law firms to a consortium of private individuals led by two of its original founders.
Insurance scammers diversifying as crash-for-cash claims drop
Crash-for-cash claims have fallen by £60m since 2012, according to the Insurance Fraud Bureau, but liability fraud is on the rise.
Travel Terrorism: Tourism under attack
Travellers want clarity and certainty when it comes to terrorism cover.
Quiz of the week - 13 November 2015
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
First 4 Lawyers fears 'unintended consequences' of CMC regulation
The Ministry of Justice must focus on claims management companies in the financial products market in its review of CMC regulation and not impinge on the wider claims management sector, according to First 4 Lawyers.
Rutter to fight rising court fees after becoming twentieth Foil president
DAC Beachcroft partner Duncan Rutter has vowed to maintain access to justice and improve the claims process after today (12 November) becoming the twentieth president of the Forum of Insurance Lawyers.
DAS Law confirms Christacos as permanent MD
Acting head of DAS Law James Christacos has been confirmed as permanent managing director of the business.
Travel: Winter Sports: Prang on the piste
Snowflakes have barely started falling in the Alps but already the media is asking how well our travel insurance policies will protect holidaymakers if their trip is hit by cancellation or calamity
In Series: Windstorms: Postcode lottery
The nature of windstorms requires a different, broader approach to underwriting.
Fraud specialists urge importance of mutually beneficial IFB affiliate model
Fraud experts have urged the Insurance Fraud Bureau to ensure its proposed affiliate membership model is mutually beneficial to existing and prospective members and that data security sits at the heart of the initiative.
Legal Update: A more level playing field?
Recent cases indicate a more robust court approach to vicarious liability, says Alastair Gillespie.
Interview: Duncan Rutter: A busy year coming
High-profile reviews impacting the legal sector and the ongoing fight against fraud promise to keep incoming Forum of Insurance Lawyers president Duncan Rutter busy during his year in office. Post caught up with him to discuss his plan of action.
Crawford to cut up to $28m from expense base in additional restructure
Crawford and Company is seeking to reduce its dependence on severe weather claims by embarking on an additional restructuring plan designed to remove $25m (£16.6m) to $28m from the company’s expense base.
Quindell to change its name to Watchstone Group
Technology solutions provider Quindell is seeking shareholder approval to change its name to Watchstone Group.
Masojada eyes further growth as group GWP rises 12.9%
Hiscox CEO Bronek Masojada has identified “plenty of opportunities for growth” off the back of a 12.9% increase in gross written premiums to £1.54bn for the first nine months of 2015 (9M 2014: £1.36bn).
Ex-cons avoid return to jail after attempting to defraud Admiral and Ageas
Two men who met and became friends in prison yesterday (5 November) received suspended prison sentences at the Old Bailey after staging a ‘cash for crash’ accident in order to claim over £16,000 from Admiral and Ageas.
Munich Re hit by €175m Tianjin loss
Munich Re said it expects a net exposure of €175m (£125m) for the explosion in the Chinese port of Tianjin.
Fraudulent claimants ordered to pay £3000 to innocent driver
Claimants seeking personal injury damages have been found fundamentally dishonest and ordered to pay £3000 in exemplary damages to a driver who collided with them.
Profit plummets 48% at Zurich's UK business amid 'perfect storm'
Zurich UK general insurance CEO Vibhu Sharma has blamed “a perfect storm” of tough market conditions and greater the normal large losses for a plummeting business operating profit in the third quarter of 2015.
IFB launches affiliate membership consultation
The Insurance Fraud Bureau has taken a step towards extending its services to defendant lawyers, private investigators and other industry suppliers, by launching a consultation on affiliate membership.
In Series: Windstorms: Lessons from history
Debate over how European windstorms are evolving can be fierce, with data available to prove virtually every possible variation. But, with this weather phenomenon seriously battering Europe and its insurers’ claims funds, a greater understanding of what…
Trade Voice: Freezing out the cold callers
Insurers and lawyers must work together to tackle bad behaviour from claims management companies.
Industry united in call for FCA to be appointed CMC regulator
Insurers have rallied to support the Association of British Insurers' call for the Financial Conduct Authority to oversee the regulation of claims management companies.