Legal
Hefty FCA fines highlight importance of delegated authority chain controls
The £15.5m of fines handed to individuals and firms involved in the collapse of several unrated insurers operating in the solicitors' professional indemnity market have highlighted the need for all parties involved in the delegated authority chain to…
Naming of storms to potentially impact apportionment of claims
The Met Office’s new policy of naming storms that make landfall in the UK could have a significant impact on the apportionment of claims between direct insurers and their reinsurers in the excess of loss market.
Towergate appoints Stephenson Harwood partner as general counsel
Towergate has appointed Geoff Gouriet to its executive committee as general counsel.
LV boss O'Roarke to become chairman of Horwich Farrelly
Outgoing LV general insurance managing director John O’Roarke has been appointed chairman of insurance industry law firm Horwich Farrelly.
Marine expert Lovell joins Reed Smith in Singapore
Richard Lovell has left his role as head of shipping and managing partner at Ince & Co. to join Reed Smith.
Greater exposure for insurers following 'sexting' case
A legal expert has warned that the threshold for a successful civil ‘sexting’ claim appears extremely low, following a recent High Court case, and that insurers will be impacted.
Claimant law firm ordered to pay defendant's costs in landmark case
The solicitors acting on behalf of a fraudulent claimant have been ordered to pay all of the defendant bus company’s legal costs in a landmark case heard at Gateshead County Court.
SRA backs fraud taskforce call to review fining powers
The Solicitors Regulation Authority has agreed with the Insurance Fraud Taskforce recommendation to review its fining abilities in order to make tackling fraud more effective.
Parabis woes highlight importance of finding right ABS partner
The importance of insurers finding the right legal partner to enter into alternative business structure arrangements with has been highlighted by experts, after four such entities recently either changed partners or entered into run-off.
AA puts two-year-old ABS into run-off
The AA's alternative business structure, which started trading in December 2013, has entered into run-off following a strategic review.
D&O and Cyber: C-suite cyber risks take off
US legal influences continue to impact on the UK directors’ and officers’ market – and that now includes the growing cyber threat
North of the Border: The end of shopping?
Two cases were struck out of the English courts – the judge ruling they should be raised in Scotland.
BLM partner Hughes to chair Foil in Scotland
BLM partner Frank Hughes has been appointed chairman of the Forum of Insurance Lawyers in Scotland replacing fellow BLM partner Tony Murray.
Man remanded in custody after Liverpool bomb scare in insurer's office
Merseyside Police on Friday (8 January) arrested a man who entered the premises of Munich Re subsidiary Groves, John & Westrup carrying a "suspect package".
Quiz of the week - 8 January
Test your knowledge of the week's insurance news with the Post insurance quiz of the week.
Foil to meet with MoJ to discuss declining court service post-Jackson
The court service is now performing worse than it was before the Jackson reforms were introduced, according to the majority of the Forum of Insurance Lawyers’ members.
LV enters legal landscape alongside Lyons Davidson
LV has become the latest insurer to launch a legal offering after teaming up with law firm Lyons Davidson to unveil LV Legal Services.
Legal Update: Hover with caution
The arrival of hoverboards in 2015 suggested that, as in Back to the Future, technology had found yet another innovative and entertaining way to enhance our transport options, even if it was difficult to know if a hoverboard was just an advanced toy or a…
High Court PI claims at a five year high, law firm finds
The number of personal injury claims at the High Court has reached its highest level in five years, according to figures obtained by law firm Nockolds.
Blog: How to make the subscription market work
The relationship between co-insurers on a risk lies at the heart of how the London subscription market works.
QBE succeeds in £500,000 contempt of court action
QBE has won a £500,000 contempt of court action against a customer, who was sentenced to an immediate three month custodial sentence on 15 December.
Insurers should prepare for claims after MPs' fracking decision
Insurers must brace themselves for claims from disgruntled homeowners and businesses following MPs voting today (16 December) to allow fracking under national parks in the UK.
Review of the Year: Legal
For insurance lawyers, 2015 has been marked by the Medco portal going live in a sustained effort to reform whiplash claims. But the year has also seen major rulings regarding aggregation, costs and rates, all expected to have wide-ranging implications.
DWF to acquire German law firm Bridgehouse Law
Defendant law firm DWF is to acquire German international commercial firm Bridgehouse Law on 1 January 2016.