News
Larry Silverstein back in court.
World Trade Center leaseholder Larry Silverstein was back in court this week before the US Federal A...
Insurers saved from a "striking" burden - Brotherton and another v
(Court of Appeal - 22 May 2003) The claimant reinsurers sought declarations that they had validly ...
Insurance commissioner plans will bypass need for collateral
Washington DC's insurance commissioner has stepped into the furore surrounding US funding requiremen...
What the papers said this week.
THE SUNDAY TIMES Twelve alcoholics are trying to sue drink manufacturers for failing to warn them...
Memories of General Accident.
A slight amendment to the otherwise depressingly accurate piece in last week's edition (PM, 17 July,...
Appointment at Ace.
Ace has appointed Gary Schmalzriedt - currently president and chief executive officer of Ace Europea...
Limit Syndicate 386 hires Sequel.
Limit Syndicate 386 has hired software company Sequel to implement a new accounting cycle. Sequel wi...
XL Capital acquires keys to new headquarters.
Bermudian insurer XL Capital has acquired the keys to offices at 70 Gracechurch Street, London, EC3,...
Appointment at Heath Lambert.
The Heath Lambert group has appointed Phil Mugan as corporate consultant for new business at its Man...
Xchanging Claim Services completes electronic review.
Xchanging Claim Services has completed an electronic review of claims files in the Lloyd's market, s...
Appointment at Groupama Healthcare.
Groupama Healthcare has appointed Philip Whitelock as senior healthcare development underwriter for ...
Appointment at Independent Appointments.
Independent Appointments has appointed Simon Hemmingway to its commercial team in Leeds. Mr Hemmingw...
Holman Fenwick & Willan sees income fall.
Shipping and insurance specialist law firm Holman Fenwick & Willan's results for the financial year ...
Reynolds Porter Chamberlain acquires SJ Cornish.
Commercial law firm Reynolds Porter Chamberlain, an insurance specialist, has acquired niche insuran...
Tough talking from task force.
A new government task force, set up to make recommendations to prevent US-style compensation culture...
FSCS outlines plans for insurer collapse.
The Financial Services Compensation Scheme has outlined contingency plans that would be executed in ...
Events.
5-7 August Vermont Captive Insurance Association 2003 Conference VCIA Vermont, US Tel: +1...
Head injury case overruled - Smith (by his litigation friend) v Rod
(Queen's Bench Division - 12 June 2003) The claimant, a welder/fabricator, sustained a head injury...
AM Best assigns A rating to WR Berkley Insurance.
Rating agency AM Best has assigned a financial strength rating of A to professional indemnity specia...
Is new compensation body really necessary?
The establishment of a new government body to look into the growing compensation culture in the UK, ...
Tapping into capital.
Run-off has had a very bad press recently - associated, as it has been, with failed businesses. However, Philip Grant believes it has a key strategic role to play in the market and is a valuable way to manage and optimise capital and ultimately drive a…
Cases may spiral after judgement.
The recent ruling in the case of Sphere Drake Insurance v Euro International Underwriting should serve as a warning to any other companies currently involved in disputes relating to London market excess of loss reinsurance business, says Neil Beighton.
Insurers unite to speed up claims
The UK's leading motor insurers are undertaking a project to develop a new electronic exchange to spe...
Lawcall Direct snaps up TAG cases
The 250,000 ongoing cases left in limbo following the demise of The Accident Group have been taken on...