Claims
View from the top: A multi-channel world
Many brokers will have read the recent update around Zurich’s personal lines strategy, following the announcement that we’re re-entering the direct channel later this year via an outsourced arrangement with Endsleigh, where the majority of new business…
MP calls for ban on referral fees
A Yorkshire MP based in a city with the fastest rising rates of comprehensive motor insurance is calling for parliament to ban referral fees after his report found high personal injury claims are driving premiums up in that area.
Crawford-Axa allegations unfounded
Twin-track investigations immediately launched following anonymous accusations of “sharp practices” in Crawford & Company’s handling of Axa claims have discovered the allegations to be unfounded.
ULR shuffles top level after senior departures
Legal expenses provider ULR has embarked upon a major management shake-up in the wake of two long-standing senior figures departing.
Fraud rise feared in riot aftermath
Mihir Pandya, Allianz fraud manager, has warned spurious claims could rise in the aftermath of this month’s riots and a potential double-dip recession.
Sterling: policy excesses to be reclaimed from police
Sterling Insurance has said it will not deduct policy excesses from riot claims and will reclaim the full costs from the police on behalf of policyholders.
Career development & CSR: Cunningham Lindsey’s CILA success
Cunningham Lindsey’s mentoring scheme to help staff achieve Chartered Institute of Loss Adjusters status has notched up its first success.
Riot Act: pressure mounts for repeal as police cost burden deepens
Prime Minister David Cameron’s announcement that those suffering losses as a result of the recent outbreaks of violence, destruction and looting across England will have 42 days — rather than the 14 prescribed by statute — to claim compensation from the…
Market update - High net worth: Time to raise rates in HNW?
Rates in the high net worth market are failing to reflect the risks posed, despite high claims costs. Chinwe Akomah reports on a sector that is starting to come under pressure to deliver results.
Legal update - Quinn: Keeping it confidential
The decision in Quinn v Law Society raised a series of questions around the issue of client confidentiality. Felix Zimmermann looks at whether answers have been forthcoming in the year since the judgment.
Riot update - Legal implications: Rioters without a cause?
The dust may now be settling on the riots across England, but the debate about legal implications for the insurance market will continue to rage on. Ros Jones and Alex Booth assess the main coverage issues from the perspective of insurers, reinsurers and…
Risk update - Asbestos: Kept safe from harm
With the European Commission ordering the UK to amend legislation to ensure maintenance and repair workers are fully protected from asbestos, John Toms investigates the implications for the insurance industry.
Disaster recovery - SME: Dealing with disaster
SMEs would flounder in the face of a disaster, with a large proportion going out of business completely. Edward Murray asks why, therefore, it remains so hard to get them to engage with disaster recovery planning.
Lew report: Lay witness views dismissed as judge backs council in manhole trip case
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Ruling continues the evolution of motorcyclist accident liability
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Pupil’s appeal on school hall slip-up proves a damp squib
This law report was contributed by national law firm Berrymans Lace Mawer.
Post Magazine – 25 August 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Ecclesiastical hit with £419m catastrophe costs
Specialist insurer Ecclesiastical has managed to make a pre-tax profit of £15.6m despite a £7.6m loss in the first half of the year and catastrophe claims costs of £419m.
Ex-Swiftcover CEO Blowers back with new online start-up - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include online insurance broker Qmetric has been granted full Financial Services Authority approval and is said to be a “few weeks” away from adding three major…
US insurers lost $27bn on H1 catastrophes
AM Best estimates US insurers’ pre-tax catastrophe-related losses in the first half of 2011, were $27bn, up $15.1bn, or 127%, from $11.9bn reported during the same period a year ago.
Cunningham Lindsey adjusters return from N Z to handle riots
A five-strong team of Cunningham Lindsey UK loss adjusters have returned from New Zealand following a two month “tour of duty”.
Hurricane Irene gets stronger
Hurricane Irene has intensified to a category 2 hurricane and is expected to continue to strengthen, becoming a major hurricane of category 3 and above, warns Risk Management Solutions.
Hurricane Irene heading for the US, Met Office warns
Hurricane Irene, the first of this year’s North Atlantic tropical storm season, is heading for the Bahamas and is expected to move on to the United States in the next few days, the Met Office has warned.
First Hurricane Irene could hit US
AIR Worldwide has said that Irene became the Atlantic basin's first hurricane of the 2011 season when its winds strengthened to 75mph as it was leaving Puerto Rico's northern coast.