Legal
Legal: Deafening whispers
Potentially massive claims related to financial products and major economic events such as the Madoff case and the collapse of Lehman Brothers indicate that reinsurance should brace itself for an upturn in disputes, writes Michael Lum
Rethink: Rates caution as Monte Carlo approaches
Our monthly round-up of readers' opinions shows that rates are stable with little sign of imminent change as the market gears up for the Monte Carlo Rendezvous.
GC files against Lockton Re
Guy Carpenter has filed a suit in a bid to recoup brokerage fees after clients followed an employee to Lockton Re. The action follows disputed brokerage fees for placing reinsurance coverage.
10 years ago: Industry tries to head off ATE litigation
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Solicitors' PI: The road to reform
In recent times, the solicitors' professional indemnity market has been travelling a difficult path. Jane Bernstein examines the road ahead by taking a close look at proposed industry changes and the effect they may have.
Solicitors' PI - regulation: Making the grade
The imminent regulatory sea change in the legal profession offers the ideal opportunity to tackle the unpalatable issue of the assigned risks pool once and for all, asserts Tim Oliver. Sorting the wheat from the chaff early on would benefit all.
Start-up taps into insurer PI claim fears
A new legal process outsourcing firm is in trials with "a number" of insurers and brokers to capture third-party personal injury claims.
Ferma backs law directive
Good risk management and internal control systems help companies go "faster, further and more safely" and businesses should not be afraid of the 8th European Company Law Directive.
St Mary launches new PI offering
St Mary Underwriting has launched a new facility for solicitors’ professional indemnity insurance aimed at small- to medium-sized solicitor firms.
HFW opens Geneva office
Following recent investment in Asia-Pacific and the Middle East, Holman Fenwick Willan is set to open an office in Geneva in early October.
HFW opens Geneva office
Following recent investment in Asia-Pacific and the Middle East, Holman Fenwick Willan is set to open an office in Geneva in early October.
Collins Solicitors responds to Lord Young’s review
Des Collins, senior partner of Collins Solicitors, has responded to the predicted conclusion of Lord Young's review.
Exclusive French insurance review now available
In our latest article the chief executive officer for Aviva France Jean-Pierre Menanteau looks at the complex legal and competition structure in the French Insurance market.
Postscript - 20 years ago: Fraudulent claims need handling
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Mediation myth debunked by settlement successes
New figures prove that personal injury cases — often cited as the exception to the rule — can be successfully mediated. Statistics from specialist not-for-profit organisation Trust Mediation reveal that, out of 33 PI cases handled between January and…
Lord Young to recommend extension of MoJ RTA portal
Extension of the Ministry of Justice electronic portal, which handles low-value road traffic accident claims, to include employers’ liability and public liability, is expected to be a feature of Lord Young of Graffham’s upcoming review on compensation…
Career development: Ask the expert
As an older employee, I sometimes wonder whether the age discrimination act has really made a difference to workers over 50? I often feel my experience still closes off as many doors as it opens.
Rehab firms team up to prevent therapy drift
Rehab providers IPRS and Moving Minds have joined Forces to simultaneously address the physical and psychological needs of individuals in a move they believe will produce “very significant savings” in treatment costs for insurers and other funders.
Claims management: Room for improvement
Getting the claims process right is imperative for brokers and insurers. Sam Barrett looks at what tops the wish list when it comes to partnering with claims management specialists.
Law report: 'Systemic dishonesty' allows reinsurer to avoid ATE policy
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Claimant's competence leads to dismissal of cognitive damage claim
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Trust appeal is dismissed over anti-social behaviour liability
This law report has been contributed by national law firm Berrymans Lace Mawer.
Large corporate risks - unbundling: Eggs out of the basket?
Suggesting corporate clients unbundle their broker services certainly sparks debate. Veronica Cowan explores the options and diverse market views.
DAS shuffles corporate partnerships team
Legal expenses insurer DAS has made two changes within its Corporate Partnerships Division.