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Claims

The compensation culture is a myth

I would like to pick up on a section of the article ‘Two sides to the story’ in which it is mentioned that ‘the compensation culture has become firmly embedded in the UK’ and ‘a system less clogged up by frivolous claims will mean swifter access to…

Keelan Westall and CKW renegotiate claims deal

Property insurance brokers Cadogan Keelan Westall and Keelan Westall have renegotiated their delegated authority agreement with insurer Zurich to allow the in-house claims team to process and settle claims up to £5000 net of policy excess.

Foil warns MP on civil justice reform

City insurance lawyers group the Forum of Insurance Lawyers has warned MPs planning to reform civil litigation costs not to “go soft” and be swayed by those arguing against change.

No major Caribbean losses from Irene

The Caribbean Catastrophe Risk Insurance Facility has announced that, while Hurricane Irene resulted in registered losses in six of its member countries (Anguilla, Antigua & Barbuda, the Bahamas, Haiti, St. Kitts & Nevis and the Turks & Caicos Islands),…

US reinsurers hit by claims

The Reinsurance Association of America says its group of 19 US property and casualty reinsurers wrote $13.8bn of net premiums during the six months ended June 30, 2011, an increase from the $12.3bn written in the first six months of 2010

Insurance Insight weekly update live

Insurance Insight’s weekly update is live with an article on harmonising European compensation systems; and an article on the opportunities for brokers in the international PMI market.

Compensation harmonisation across the EU

The European Union has a raft of measures to try and achieve harmonisation between member states but as Sarah Hamilton reports there is a long way to go in achieving a single compensation system.

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