Drivers of fully automated vehicles should not be held liable for accidents involving their cars while technology is in charge, says the Association of British Insurers and Thatcham Research.
A wide-ranging consultation has been launched into the legal reforms surrounding driverless cars.
Artificial intelligence will have unexpected consequences, which will raise tricky liability questions and will probably change the nature of claims
UK laws, roads and infrastructure are getting ready for self-driving cars but motorists remain reluctant to adopt this technology, points out Simon Walker, group CEO of First Central.
Changes to Irish claims laws are cutting down on fraud and the rising levels of awards but the lack of insurer access to driver data is holding the industry back, a top judge has said.
Insurance contract law has seen a huge amount of radical change over the past 12 months.
With the Insurance Act 2015 set to be introduced in August 2016, insurers must review internal systems in preparation for the inevitable litigation that will occur.
David Hertzell explains the significant changes on the horizon when the Insurance Act comes into force
The government taskforce set up to tackle insurance fraud will include a small number of senior representatives from the wider insurance industry, Law Commissioner David Hertzell has confirmed.
David Hertzell's term as law commissioner is to end on 31 December, coinciding with his appointment as head of a taskforce to tackle insurance fraud.
The Commercial Court recently handed down another judgment in the long-running matter of Starlight Shipping Company v Allianz Marine and Aviation Versicherungs AG & Ors .
Zurich is to adopt the Law Commission's recommendations on the new Insurance Bill before it is formally adopted as law ahead of the next election.
Insurance contracts legislation should include guidance on the role of brokers in overcoming contracting issues between insurers and their customers, insurance governance firm Mactavish has said.
The British Insurance Brokers’ Association has welcomed the introduction of the Insurance Bill as a means of increasing “certainty over the rules” on contracts between insurers and businesses.
HM Treasury has today introduced the long-awaited Insurance Bill to reform commercial contracts, and better equip UK firms to compete against their international peers.
The Treasury is set to introduce a diluted version of a long-awaited insurance Bill to Parliament later today that drops the potential for claimants to pursue damages over delayed claims payments.
The Treasury has launched a new consultation on the Insurance Contracts Bill to decide if it has sufficient support for accelerated passage into law.
Law Commissioner David Hertzell has called on backers of the Insurance Contracts Bill to write letters to both Chancellor George Osborne and the Treasury demanding it moves forward before the election.
The Law Commission has confirmed strike-out legislation relating to third-party fraud will not be included in its 12th programme of law reform.
Responding to the Insurance Contract Law consultation, The British Insurance Brokers’ Association has warned that brokers may face additional requirements on accuracy of customer data.
Proposed changes to the law governing commercial insurance will give risk manages greater confidence in the products offered by the London Market, according to Airmic chief executive John Hurrell.
Insurers have little to fear from proposals to reform the law governing commercial insurance according to DAC Beachcroft partner Nick Young.
The government is keen to minimise fraud to reduce premiums, so what penalties should individuals incur when they try to deceive insurance companies?
Reforms faced by the industry this year should be welcomed – they have customers’ best interests at heart.