Law Commission gains “strong support” for damages proposals
The Law Commission has revealed that its proposals to modify current insurance contract law on damages has been well received by the industry.
Currently, policyholders who receive late claims payments can sue the insurer for interest owed but not for damages for further loss suffered due to a delay in payment.
However, in its consultation
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Commercial
Aon warns AI failures could expose insurers to systemic losses
Growing reliance on artificial intelligence could expose insurers to a new generation of systemic risks, with failures at major technology providers potentially affecting multiple businesses and insurance products, Aon warned.
Aviva’s commercial book continues to shrink
Despite overall UK and Ireland premiums increasing 28% in the first nine months of 2026, Aviva’s commercial gross written premium book is 5% down compared with a year ago.
Rrelentless aiming to treble business next year
Rrelentless CEO Gary Gallen has revealed his plans to treble the size of the MGA business next year, by pursuing acquisitions and expanding into further specialist insurance markets.
Digital charity paradox: doing more with less creates new risks
View from the Top: As donations fall and demand increases, Alana Muir, head of cyber at Hiscox UK, warns charities adopting technology to maximise efficiency need to be aware their reliance on digital systems could leave vulnerable communities exposed when technology fails.
Throwback Thursday: Shock Axa merger
Insurance Post’s Throwback Thursday steps back in time to November 1996 to remind you what was going on this week in insurance history when Axa merged with a rival to become the world’s second largest insurer.
Ann Owen replaces Martin as Aviva Commercial MD
Aviva has appointed Ann Owen as managing director of UK Commercial, following the departure of Dave Martin to PIB.
Bishop Street reveals ambition to ‘grow aggressively’ after restructure
Bishop Street Underwriters is looking to “grow aggressively” after it established a new UK group structure bringing together its portfolio of UK specialty insurance businesses under a single management framework.
Goods in transit: from crowbar to computer
As cargo theft evolves from physical raids to digitally enabled fraud, David Worsfold examines how insurers face a rapidly changing risk landscape shaped by technology, climate change, geopolitics and mounting pressure on rates.