News
Oil giant set to challenge Buncefield liability judgement
Total has applied to the Supreme Court for leave to appeal a recent judgment that found the company 100% liable for claims resulting from the 2005 Buncefield depot explosion.
Zurich seeks to help brokers navigate MoJ claims review
Zurich has launched a guide for brokers that aims to help them prepare for the implementation of the Ministry of Justice road traffic accident personal injury claims protocol.
Lockton backs mobility vehicle cover review
Lockton has backed government proposals to introduce compulsory third-party insurance for mobility vehicle users.
Rebuilding costs fall in Q1
The cost of rebuilding a house has fallen 1.5% in the first quarter of 2010 compared with the same period in 2009, according to figures produced by the Royal Institute of Chartered Surveyors’ Building Cost Information Service.
Allianz committed to energy market despite RSA review
Allianz has vowed to assist any brokers affected by RSA’s review of its energy efficiency services. RSA has stopped actively promoting the service, which helps clients comply with the Energy Performance of Buildings Directive.
Groupama ups bike game
Groupama Insurances has hired former Capita insurer relations manager Ian Pritchard as development underwriter within its motor team.
SRA clarifies its position on Quinn
The Solicitors Regulation Authority has advised UK-based solicitors with professional indemnity cover underwritten by Quinn Insurance against immediately seeking replacement insurance following the Irish High Court’s decision to appoint full-time…
Law Society advises Quinn policyholders against undue haste
The Law Society has advised solicitors of scaremongering surrounding Quinn Insurance and urged policyholders to await further developments and guidance before taking any action.
Corby case reaches settlement
The 19 families of children born with deformities caused by toxic dust from a former steelworks, have reached an out-of-court settlement over compensation, the BBC has reported.
Zurich CRO: New report should "stimulate, provoke and challenge"
The World Economic Forum has today published 'Rethinking Risk Management in Financial Services'.
SRA clarifies its position on Quinn
The Solicitors Regulation Authority has advised UK-based solicitors with professional indemnity cover underwritten by Quinn Insurance against immediately seeking replacement insurance following the Irish High Court’s decision to appoint full-time…
CCV snaps up Scully brokers
Cullum Capital Ventures has acquired East Sussex-based intermediary Paul Scully Insurance Brokers.
Zurich CRO: New report should "stimulate, provoke and challenge"
The World Economic Forum has today published 'Rethinking Risk Management in Financial Services'.
Air travel facing “greatest disruption since 9/11” – Civil Aviation Authority
A huge ash cloud from an Icelandic volcano continues to cause further air travel chaos across Europe, leaving hundreds of thousands of passengers stranded.
MetLife offers $13.5m to end contingent commissions investigation
MetLife has agreed to pay the US government to resolve an investigation into “improper” payments to a San Diego-based broker that sold the company’s coverage.
Open GI adds Moneyexpert to E-aggregator Panel
Moneyexpert.com is the latest comparison site to join Open GI’s E-aggregator panel, bringing the total number to 15.
PwC: QIS5 draft specification provides “significant relief” for insurers
Consultants PricewaterhouseCooper has welcomed the European Commission’s decision to depart from Ceiops advice and ease the capital burden on insurers under the QIS5 draft.
Anglo Irish future depends on Quinn
Anglo Irish Bank will require immediate taxpayers' assistance, possibly to the tune of €1bn, if its deal to takeover the entire Quinn Group falls through, the Irish Independent has reported.
Direct Line travel insurance customers covered for flight disruption
Direct Line customers will be covered for travel delay and missed departure after volcanic ash affects flights in the UK.
Air travel facing “greatest disruption since 9/11” – Civil Aviation Authority
A huge ash cloud from an Icelandic volcano continues to cause further air travel chaos across Europe, leaving hundreds of thousands of passengers stranded.
PwC: QIS5 draft specification provides “significant relief” for insurers
Consultants PricewaterhouseCooper has welcomed the European Commission’s decision to depart from Ceiops advice and ease the capital burden on insurers under the QIS5 draft.
Anglo Irish future depends on Quinn
Anglo Irish Bank will require immediate taxpayers' assistance, possibly to the tune of €1bn, if its deal to takeover the entire Quinn Group falls through, the Irish Independent has reported.
Quinn employees Dublin rally cancelled
The rally that was planned to take place today has been cancelled, deemed “inappropriate” in view of recent developments.
QBE set for $565m purchase of US underwriter NAU
QBE has agreed to agree underwriter and multi-peril crop insurance firm NAU Country Insurance for $565m (£365m).