Claims
Quindell exploring name change as Rose takes aim at ex-CEO Terry
Former Quindell CEO and chairman Rob Terry has come under fire from non-executive chairman Richard Rose, who has revealed the troubled outsourcer will change its name later this year.
Insurers remain at odds with Apil over whiplash figures despite talk of collaboration
Insurers have welcomed calls by the president of the Association of Personal Injury Lawyers for greater collaboration, but have roundly rejected his argument that whiplash claims are on a downward trajectory.
Blog: What claims adjusters saw after the Tianjin explosions
Paul Spurdle, technical director at Crawford China, reports what the teams from his firm saw after the devastating explosions that ripped through storage facilities at the port of Tianjin, in north-eastern China, on 12 August.
Claims Club: FCA considering 'best practice' plea from insurers on SME cases
A senior regulator has conceded that in order for the Financial Conduct Authority to differentiate itself from its predecessor it might need to listen to insurance companies' pleas to issue ‘best advice’ on dealing with SME claims.
Claims Club: Insurers must act to help shape the future of CMC regulation
Insurers have been given a “three to four month” window to shape the future of claims management company regulation, Claims Club members have been told.
Claims Club: Government missed trick in not mandating on salvage says Thatcham
The government’s recent decision to not mandate a compulsory code for salvage has been labelled a “missed opportunity” by one of those involved in the discussions.
UK P&I club calls for 'zero tolerance culture' on enclosed space entry as casualties blight shipping industry
Accidents relating to entry into enclosed spaces have resulted in a large number of deaths of both ship and shore personnel so far this year, says the UK P&I Club, calling for more to be done to prevent these casualties.
Axa halts 'significant' personal injury claims with fundamental dishonesty defence
Two fraudsters have withdrawn fake but financially significant personal injury claims after Axa used the fundamental dishonesty defence.
Lloyd's finds £3trn of GDP at risk from disasters around the world
A Lloyd's index has found a total of $4.6trn (£3trn) of projected gross domestic product is at risk from manmade and natural disasters in cities around the world.
DAC Beachcroft approved for ABS licence
International law firm DAC Beachcroft has been awarded a licence by the Solicitors Regulation Authority to operate as an alternative business structure.
Consumers remain unconvinced by driverless cars as Google suffers latest setback
More than a third of motorists polled by U Switch believe the introduction of autonomous vehicles will drive up their car insurance premiums.
National Crime Agency targeted in revenge cyber attack
A group of hackers who were behind previous cyber attacks on Microsoft and Sony have claimed responsibility for downing the website of the UK’s National Crime Agency in an apparent revenge attack.
Apil president calls for collaboration on CMCs and young driver safety
The president of the Association of Personal Injury Lawyers wants to “ratchet down the rhetoric” and create greater collaboration between insurers and claimant solicitors by targeting mutual priorities.
Insurers risk losing customers amid demand for smartphone interaction
General insurers are in danger of losing their customers to new entrants unless they step up their digital game, according to research carried out by Deloitte.
Legal Update: Asbestos in schools
There is an increasing likelihood of mesothelioma claims coming from schools, says Lisa Fletcher.
Old wounds re-opened as Accident Exchange raises dishonest evidence concerns
Six years after the Autofocus fraud scandal, Accident Exchange is to write an open letter to defendant law firms and insurance companies it believes are engaged in dishonest car hire rate evidence activity.
Innovation Group in takeover talks with Carlyle
Software and outsourcing provider Innovation Group is in talks with US firm Carlyle about a potential takeover.
NAH data shows 92% of claimants in contact within first year of RTA
One of the personal injury firms behind the launch of the Ethical Marketing Charter has defended its record amid suggestions by insurers that the number of late claims has tripled in recent times.
Marock defends adjusting business as 'fundamentally sound' despite profit drop
Charles Taylor group CEO David Marock said the company's long-term strategy for its adjusting division will enable it to support its clients once the claims environment returns to a normal level.
Blog: The Sonae group action and the compensation culture
The judgment handed down last month in Saunderson & Others v Sonae makes for uncomfortable reading. Dismissing over 16,000 personal injury claims, a High Court judge criticised the conduct of the solicitors who had brought induced, exaggerated and…
Profits up 28% at Charles Taylor as group plots acquisitions
Professional services firm Charles Taylor has reported a 28.1% increase in pre-tax profits to £5.3m (H1 2014: £4.1m) alongside a 21.7% rise in revenue to £69.1m (H1 2014: £56.8m) for the first six months of 2015.
Asia storm surge risk exposure to grow exponentially by 2070, says OECD
Coastal risks are rising in Asia at a rapid rate according to new research.
Blog: Stevens v Equity...what now?
Six months on from the landmark decision of the Court of Appeal in Stevens v Equity, the ramifications continue to be felt across the industry. The judgment appeared to be the game changer that the insurance industry had been hoping for following the…
Two men jailed for 'cynical' scam to defraud Axa of £15k
A pair of opportunistic fraudsters who teamed up to con Axa out of £15,000 have been jailed for a total of 30 months at Teesside Crown Court.