Legal
AM Best dismisses need for rating action on insurers reliant on TRIPRA
The US federal terrorism programme is to expire on 31 December due to the failure of the US Senate to reach an agreement to extend the Terrorism Risk Insurance Protection Reauthorization Act before the adjournment of congress.
Law firm rallying Quindell shareholders for class suit
Law firm Your Legal Friend is encouraging shareholders that have lost money on their investment in Quindell to claim for professional negligence against the outsourcing company's board and advisers.
Legal Update: Disabled Claimants: Compensation for the disabled
Chris Gambs on a recent case ruling on future loss of earnings claims for partially disabled claimants
North of the Border: The ramifications of Smith
Following the Scottish referendum, the UK government established the cross-party Smith Commission to make proposals for devolution of further powers to the Scottish Parliament. These recommendations, if implemented, will see yet further differences…
Blog: Private prosecutions - select wisely
Has the time come for insurers to use prosecution in the criminal courts in order to win the fight against claims fraud?
Multi-defendant asbestos ruling 'significant' for future damages awards
A High Court ruling around compensation in asbestos-related lung cancer cases with multiple defendants will have a significant impact in the way damages in future cases are awarded, law firm BLM has claimed.
Regulated firms to pay for £3.8m FCA report
The cost of the investigation into the Financial Conduct Authority's handling of publicity around a proposed life insurance thematic review is to be borne by the firms it regulates.
Fraud taskforce encouraged to broaden scope beyond motor insurance
Hertzell will invite industry experts to contribute to the work
Duke Street increases investment in Parabis Group
Private equity investor Duke Street Capital has upped its investment in Parabis Group in a bid to help the personal injury umbrella firm capitalise on opportunities in the legal services sector.
HWL Ebsworth acquires insurance practice in Adelaide
Independent Australian law firm HWL Ebsworth is to acquire two law firms with insurance offerings early next year.
No amendments added to 'fundamental dishonesty' Bill in Commons reading
The Criminal Justice and Courts Bill received no further amendments during its latest reading in the House of Commons yesterday, despite criticism from the shadow justice minister relating to clause 56 on fundamental dishonesty.
Review of the Year: Legal
Grabbing the headlines in the legal sector this year were M&A activity, closer ties between insurers and law firms and the ongoing fallout of civil justice reforms. Key figures from the sector give their views on 2014
Biba moots several changes to Insurance Bill
The British Insurance Brokers' Association has recommended a number of amendments in its written evidence to the Insurance Bill including around the disclosure of confidential information.
CFS boss Campbell to lead BLM's Irish business following merger
Campbell Fitzpatrick Solicitors managing partner Peter Campbell is to lead BLM’s Irish business following the completion of the merger between the two law firms.
DWF returns to Greenwoods to swoop for large loss PI team
Law firm DWF has recruited a specialist catastrophic and large loss personal injury team from Greenwoods to bolster its 1000-strong national insurance practice.
North of the Border: Counting the cost of H&S
Since October 2012, the Health and Safety Executive has sought to recover the cost of investigating an alleged breach of health and safety law from the organisation in question, rather than draining the public purse. It charges £124 per hour.
Trade voice: Still no laws over late payments
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 [2014].
Nick Parsons appointed Foil president
Browne Jacobson partner Nick Parsons has been appointed Forum of Insurance Lawyers president for the coming 12 months.
Interview: Nick Parsons: Stepping into the limelight
After six years as vice-president at the Forum of Insurance Lawyers, Nick Parsons has assumed the role of president. He tells Post why he will not be a one-man band and shares his plans for the association
‘Fundamental dishonesty’ unlikely to stop false damages in abuse cases
Market commentators believe judges may be reticent to use Bill in abuse cases
In Series - Personal Injury: what next for PI?
Reforms have led to strong progress in tackling the whiplash epidemic, but the job isn’t done yet. What can parties involved in PI expect in the future?
Legal Update: The countdown to change
Alex Traill explores the ramifications of the incoming Insurance Bill for brokers
Kennedys poaches BLM partner Yandell to grow PI team
Law firm Kennedys has bolstered its professional indemnity team with the appointment of BLM’s Caterina Yandell as a partner.