Legal
Broker focus - Premium liability: That boat has sailed
With the publication of Issues Paper Eight in July, the Law Commission set about addressing an anomaly that applies to marine insurance, which makes brokers responsible for paying their clients' premiums to underwriters. Rachel Gordon explains why it…
Oval in out of court settlement over restrictive covenants
Oval has confirmed it has reached an out of court settlement with Liverpool-based broker Butterworth Spengler.
Insurance industry warned it could face more EC enforcement actions
The insurance industry has been told that it could face more enforcement actions from Brussels.
Insurance industry warned it could face more EC enforcement actions
The insurance industry has been told that it could face more enforcement actions from Brussels.
Arc Legal moves into marine legal expenses
Arc Legal Assistance is to launch a dedicated yachting and marine pleasure craft legal expenses cover and claims service.
Legal update - tax relief schemes: Ad hoc relief
The repeal of certain tax reliefs for investors has seen a spate of claims against professionals who advised on such transactions. Julian Miller and Tom Pangbourne look at the downfall of the system and its implications for the insurance industry.
Legal update - motor claims: Expert handling
Contesting motor claims that seem grossly and deliberately exaggerated can be a tricky business. Roger Mackle examines two cases where fraud was alleged that had very different end results.
Legal update - litigation funding: Containing the genie
The role of private litigation funding has become a live issue, with collective redress systems being proposed throughout Europe. Robert Hammesfahr explains why fears of abuse and soaring costs may be unfounded.
North of the Border: Waiver of proceedings
The recent opinion of Lord Glennie in the petition of Scottish Lion Insurance Company considered application of the principle of waiver to proceedings under section 899 of the Companies Act 2006. This is the first judicial finding on the application of…
Claims against professional firms hit 11 year high
Syscap, an independent finance provider, said that high court cases launched against professional firms for negligence have hit an 11 year high forcing more firms to borrow to pay increased professional indemnity insurance rates.
Postscript: Five years ago: Drug cover costs still on the rise
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Law firms divided over FSA broker action
Eversheds and Beachcroft have responded to the FSA’s record £150 000 fine and ban on five insurance brokers, announced earlier today.
Former RSA CEO Mendelsohn returns with Lloyd's player
The Navigators Group has appointed former RSA group CEO Robert Mendelsohn to its board of directors.
L&E enters solicitors' PI market
Property specialist London & European is to offer professional indemnity insurance for solicitors.
CMS Cameron McKenna: FSA “punishing” PPI market
Law firm CMS Cameron McKenna has responded angrily to the FSA’s policy announcement on the PPI market.
Jackson Review increasing demand for BTE Insurance
First Assist Legal Protection claims the Jackson Review has led to a “surge” in business for 'before the event' insurance cases.
IFB joins forces with City Police as Cheatline calls reach all time high
The Insurance Fraud Bureau is to support City of London Police with 'Wise Up', a three week fraud awareness campaign which begins on 18 August.
FSA staff resignations rise 128%
There has been a 128% leap in the number of staff resigning from the Financial Services Authority in one year as the government proposes to abolish the regulator, according to Reynolds Porter Chamberlain.
Novae H1 2010 results reveal 50% bounce in investment returns
Novae Group's interim results have been boosted by strong investment returns.
Howden appoints legal panel
Howden has created a panel of law firms to provide a range of legal services to its surveying clients.
Postscript - 30 years ago: P&I club braced for record loss
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Rome II: Together in harmony?
Rome II aimed to simplify the way cross-border claims were dealt with. Paula Jefferson and Catherine Fox examine why it hasn't quite had the effect intended, with even the timing of the legislation being questioned.
Autofocus seeks bidders
The administrators of credit hire reporting firm Autofocus have published a marketing document to attract buyers to the company.
Defaqto: significant variation in legal cover for uninsured loss recovery
Findings from a Defaqto study have revealed “significant variations” in comprehensive motor insurance policies, for those looking to reclaim costs for uninsured losses.