Claims
Allstate downgraded by Moody's
US giant Allstate suffered the latest blow in a week that saw its shares tumble by around 20% in a day when it was downgraded by ratings agency Moody's.
AIG appoints new vice chairman
AIG has said that it has appointed Anastasia Kelly as its new vice-chairman.
IP Task Force concerned about use of the phrase ’Income Protection’
The Income Protection Task Force (IPTF) are meeting to discuss the Competition Commission Report on payment protection insurance (PPI) next week but believe there is an immediate need to prevent consumer confusion by outlawing the use of the term "Income…
Argo Group says US CEO to leave; ups Ike loss estimates
Bermudian (re)insurer Argo Group said that its president of its U.S. operations, Dale Pilkington, will be leaving the Company as of May 1, 2009.
Cadogan Hanover Park expands film and media cover
Barbon-owned Cadogan Hanover Park has expanded its film and media insurance offering to include post-production indemnity.
Allstate's immediate issue is capital adequacy, says analysts
US insurance giant Allstate may be struggling with capital adequacy, a senior Wall Street analyst has said.
Allstate posts $1.1bn fourth quarter loss; says to cut 1,000 jobs
Allstate,US insurance giant reported a net loss of over $1.1bn in the fourth quarter of the year, thanks to investment writedowns and catastrophe losses.
Imas predicts foreign interest in brokers
Interest in London market brokers from foreign buyers has increased due to the depreciated value of ...
Emotions not enough
Hussain v Chief Constable of West Mercia (Court of Appeal - 3 November 2008)
Don't rehash identical issue
Benfield Construction Ltd v Trudson (Hatton) Ltd (Queen's Bench Division - 17 September 2008)
Defying the downturn
Motor Claims: Credit crunch opportunities
'But for' rule reaffirmed
Sanderson v Hull (Court of Appeal - 5 November 2008)
Commercial disputes rise
Commercial disputes are expected to rise as companies and lawyers turn to conditional fee agreements...
No costs, no judicial error
Peer International Corporation, Southern Music Publishing Co Inc and Peermusic (UK) Ltd v Editora Musical De Cuba (Court of Appeal - 26 November 2008)
ABI challenges property developers on climate change
The Association of British Insurers has thrown down the gauntlet to property developers - develop an...
Merlin shake-up replaces three offices with one
Loss adjuster Merlin Professional Claims Services is closing three offices in the North-west and mov...
Merlin consolidates services into new North west office
Merlin Professional Claims Services has consolidated a number of services in a new office in Warrington as part of a strategy to create up to 10 offices at key locations across the UK.
RSA, HBoS and Paymentshield sign up with network
IFA network Sesame has launched a general insurance service, in an attempt to help its members during the market turmoil.
Lloyd's insurer looks to raise another £100m
Lloyd's insurer Chaucer is considering raising up to £100m from shareholders, according to a report.
Hannover Re acquires ING's individual life reinsurance business from Scottish Re
Hannover Re, the German reinsurance giant has acquired ING's US individual life reinsurance business ("ING Business") from Scottish Re Group in a reinsurance and asset purchase transaction. In addition to assuming the business directly from ING via fresh…
Adjuster wins solus deal with insurer
Questgates has secured a contract from Sterling for building validation.
IFS finance course gets recession revamp
The IFS School of Finance has revamped its financial education programme for financial services prof...
Groupama workers help to raise £5000 for deaf children
Staff from Groupama Insurance Portsmouth office have raised £5000 to help deaf children by taking pa...
Clarification
In last week's Post , Phoenix Liability Services' directors were incorrectly referred to as former ...