Legal
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.
Plaques compensation scheme opens
The government’s pleural plaques former claimants payment scheme has opened for applications today.
MSL unveils new legal expenses policy
The firm has launched a new legal expenses policy for businesses, which provides up to £50,000 financial protection for legal costs per claim.
Markerstudy fraud investigator joins IFIG board
Markerstudy’s Andrew Davies has been named as a board member of the Insurance Fraud Investigators Group (IFIG).
CHO Helphire boss Richard Rose hails "significant" turnaround
Credit hire firm Helphire today said it expects its results for the year ended 30 June 2010 to show a strong recovery in performance as a result of the plan and to be in line with expectations.
Autofocus enters administration
Credit hire reporting company Autofocus has entered administration.
Law report: Violence at special school isnot analogous to contact sport
This law report has been contributed by national law firm Berrymans Lace Mawer.
Legal update - mesothelioma: Music and mesothelioma
With the high-profile death of former Sex Pistols manager Malcolm McLaren, mesothelioma fell under the spotlight once more. Neil Hackett examines the continuing difficulty in pinpointing exposure.
View from the top: Time to fight our corner
In my last View from the Top, I wrote about preparing for a new government and how it would be important for the industry to have an open and effective relationship with it regardless of the result of the general election.