Legal
SRA warns industry to take new referral fee rules seriously
The Solicitors Regulation Authority has warned the industry that it will clamp down on any firms that breach new rules governing referral fees due to come into force in April.
Market moves: CEO change at Willis takes the headlines
Recruitment news this week was dominated by the appointment of a new group chief executive at Willis, after long-serving CEO Joe Plumeri announced that he is standing down early in 2013 after 12 years, and the appointment of a new broking CEO at Hastings…
Fraud 2012: Don't overuse meta-data, BLM warns insurers
Insurers must be cautious not to over-apply for evidence drawn from telematics technology when building fraud prosecution cases, according to partners at law firm Berrymans Lace Mawer.
North of the border: Longtail liability test
Local authorities glimpse significant savings in a mesothelioma judgment that is likely to be appealed, says Kate Donachie.
Libor scandal: Coping with financial fallout
The Libor scandal has rocked public confidence in the financial services sector, but what impact will it ultimately have on the insurance industry?
Foil boss brands ERR Bill amendment criticism "absurd"
Apil president Karl Tonks’ proclamation that the government amendment to the Enterprise and Regulatory Reform Bill has set back health and safety laws in Britain by 100 years has been branded “absurd” by the Forum of Insurance Lawyers.
Personal injury specialist rebrands as Pudsey Legal after being given ABS status
Leeds-based personal injury specialist Kayes Solicitors has revealed that as of 1 November it will become one of the first alternative business structures in Yorkshire.
SRA publishes referral fee ban consultation paper
The Solicitors Regulation Authority published a consultation paper this afternoon on the ban of referral fees in personal injury cases.
Kennedys finance staff at risk of redundancy
Kennedys law firm has started a redundancy consultation with 70 staff in its finance department as part of plans to consolidate the non-legal department.
Q&A: Zurich's Steve Green
Regulation, compliance and a difficult trading environment are posing problems for insurance companies in Europe, but the region still has huge potential. Steve Green, middle market network leader at Zurich, explains how to grasp the opportunities for…
Interview: Dominic Clayden - not shaken or stirred
Aviva's UK GI claims director Dominic Clayden has been at the forefront of many claims battles over the past 15 years. He talks to Post about the upcoming civil justice reforms and the issues currently affecting the insurance industry.
Legal experts call for transparency following revised Simmons judgment
Legal experts are calling for more clarity in the implementation of government reforms, stating that "lessons must be learnt" following the Court of Appeal's revised judgment in the Simmons v Castle case.
Claims Event: ABI admits final riot claims may end up in court
The Association of British Insurers has confirmed that it is embroiled in meetings with police in a bid to conclude outstanding riot claims, and conceded that some cases may end up in court.
Disease claims: Cure or curse?
Will Lord Justice Jackson's cost reforms, set to be implemented in less than six months, have a positive or negative impact on the disease claims market?
Post magazine - 18 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Insurers welcome landmark victory in pursuit of contempt of court charges
Insurers are expected to pursue contempt of court charges with renewed enthusiasm in fraud cases after a judge's decision to strike out an entire third-party claim, declaring that a woman's exaggeration of her injuries represented an abuse of process.
Solicitors PI market: What now for solicitor PI?
The much-maligned Assigned Risk Pool may be set to close in September 2013, but the solicitors’ professional indemnity market still faces issues as 'aggressive' new entrants target the market. What does its future hold?
Apil president slams last minute addition to ERR bill
Association of Personal Injury Lawyers president Karl Tonks has accused the government of playing "fast and loose" with people's safety, following an 11th hour addition to the Enterprise and Regulatory Reform Bill.
FCA to "revolutionise" consumer behaviour
The financial services industry needs to "brace itself" for a major change in the approach to competition by the regulator.
Insuralex elects New York member
International lawyers group Insuralex has added New York practice Kissel Hirsch & Wilmer to its members.
Quindell acquires litigation law firm
Quindell is to buy litigation specialist Pinto Potts Solicitors, subject to approval from the Solicitors' Regulation Authority and the Financial Services Authority.
RSA backs revised CoA judgment but calls for more government action
RSA has added its voice to calls for the government to use the Court of Appeal's revised judgment in Simmons v Castle as a springboard for further industry reform.
Client money rules: Cash concerns
The Financial Services Authority's consultation on the handling of client money could have major implications for brokers of all sizes.
View from the top: The triumvirate of trust
Reservation of rights does little to reassure the customer that their insurer will honour its promise, says Nicolas Aubert.