BLM
Insurers could face higher BI claims payouts as businesses look to Enterprise Act
Some business interruption policyholders are looking to claim damages under the Enterprise Act (2006) for late payouts, following the Supreme Court's verdict in the regulator's test case.
Preview: What will 2021 bring?
Post spoke to insurers, brokers and claims professionals to get their predictions for what 2021 will look like.
Review of the Year 2020 – Claims
Post spoke to loss adjusting and legal professionals to get their thoughts on the highs and lows of 2020
Orient Express: What if the Supreme Court goes against precedent in the FCA BI test case?
During the High Court hearing of the Financial Conduct Authority’s business interruption test case, the regulator argued that reversing the judgment in the historic Orient Express case would “restore sanity”. If the Supreme Court chooses to overrule the…
Gap insurance fraud uptick predicted as recession kicks in
Financial pressures caused by Covid-19 could lead to an increase in guaranteed asset protection insurance fraud, with some insurers already seeing worrying signs, experts have cautioned.
Blog: Working from home - the insurance risks
The mass migration to working from home may well result in a wave of claims for back pain, mental health, stress, and repetitive strain injuries, warns BLM head of casualty Simon Jones.
No discount rate change for NI yet as country looks to Scottish model
The Department of Justice for Northern Ireland has decided against changing the country's personal injury discount rate until a revised legal framework is in place.
Analysis: An insurance fraud epidemic?
The predicted coronavirus-related economic hit is being compared to the 2008 recession, with financial pressure a driver of insurance fraud.
Analysis: Lockdown legionella threat a public health and liability concern
Specialists across the insurance industry have voiced their concerns about the potential for a build-up of legionella bacteria in buildings left empty over lockdown.
In Depth: Containing the Covid-19 threat to the marine sector
As a result of the coronavirus pandemic, the shipping industry finds itself amid the sharpest decline in trade in 35 years, according to Clarksons Research. The intelligence provider estimates that seaborne trade fell by 10.6% year-on-year in May and…
Penny Black's Social World: September 2020
Consulting on, investing in and attending events - all about the future.
Storm Francis eyes UK as August weather claims continue
The Met Office has issued further wind and rain warnings for today as storm Francis hits the UK, while the impact of Scottish floods continues to be felt.
Analysis: The serious injury claims cycle under Covid-19
While the serious injury claims cycle faced delays during the start of the pandemic, time pressures are now “easing” as care providers find ways to adapt.
Blog: The rise in escape of water claims
Escape of water claims across the insurance sector often form the highest proportion of all claims notified and the number and cost of those claims continue to rise. John O’Shea, partner and head of property damage and recovery at BLM, and Paul Redington…
Briefing: Ecclesiastical’s child abuse claims shame – CEO Hews’ admission too little too late?
If Ecclesiastical CEO Mark Hews is sorry for how the insurer has handled non-recent child sexual abuse claims, should he not be addressing the victims rather than shareholders?
Brokers call for 'low-level' compulsory cover as e-scooter trials begin
With the UK government ready to introduce e-scooters on the roads from this weekend as part of trials, the British Insurance Brokers’ Association has called for the development of a “low-level minimal insurance requirement."
Briefing: EC3's 'Plantation Place' – Insurers back renaming as London’s Square Mile faces up to slavery links
When the Black Lives Matters movement blew up in the UK following the death of George Floyd in Minnesota I wondered how long it would take before the insurance sector came under the spotlight.
Insurance Covid-Cast episode 16: “From feast to famine in ten days” – How the travel insurance sector is dealing with the Coronavirus with no sales
In the latest episode of Post and Insurance Age’s video series we gathered together a group of travel insurance experts to discuss how the travel insurance sector is coping with a “tsunami of claims” and whether it will bounce back post-pandemic.
Analysis: Concerns grow over coronavirus claims fraud
Claims farmers looking to exploit the new type of claims arising from coronavirus will contribute to an increase in fraud, warn lawyers.
Insurance Covid-Cast episode 13: Litigation under lockdown - how are lawyers and insurers managing legal disputes during the coronavirus?
In the latest episode of Insurance Post and Insurance Age’s new video series brought to you while our journalists are working from home, we gathered together a group of lawyers and claims experts to discuss how they are managing dispute resolution and…
Government urged to consider safety ahead of e-scooter trials
The UK government has been urged to “err on the side of caution” when dictating the rules of e-scooter trials next month.
Lawyers warn against rushing a dual discount rate consultation
As investment returns drop due to coronavirus claimant and insurance lawyers have urged parties not to take a short-term view on the discount rate and a possible early review of a dual discount rate saying its a time for "stability and not disruption”.
Blog: The future of catastrophic injury claims
We have seen a great deal in the press about the immediate impact of Covid-19 on the insurance claims landscape, including motor and credit hire. BLM’s head of catastrophic injury, Andrew Hibbert, believes there are a number of things the insurance…
Analysis: How insurance law firms are responding to the coronavirus - virtual forums, video evidence and resolution based on documentary evidence
In light of the coronavirus pandemic, Jonathan Swift, director of content for Infopro insurance division, caught up with a number of insurance law firms to find out what they are doing to manage case loads and meetings during these difficult times; and…