Legal
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.
Market moves: FSJ, Liberty and RSA among main hirers in busy week for recruitment
This week FSJ continued its recent recruitment push by adding four new brokers to its growing team. Meanwhile, Liberty announced hires in its European underwriting arm and syndicates team, and RSA welcomed two new staff to its global speciality lines…
Exaggerated claim thrown out in entirety on grounds of "abuse of process"
A woman who exaggerated a personal injury claim has walked away with no compensation at all after a court declared her actions represented an abuse of process.
RSA victory prompts rival rethink on repair strategy
RSA has seen off one potential dispute relating to its controversial motor repair model after signing a bilateral agreement with Groupama Insurances, although it is unclear whether this will survive the completion of Ageas' acquisition of Groupama.
Post magazine - 11 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Allianz casualty boss wants MoJ fixed fee clarification
Allianz has become one the first major insurers to comment on the Court of Appeal's decision to revise the judgment made following the Simmons v Castle case relating to a damages uplift.
Alarm and RSA 'welcome' CoA revised damages uplift judgment
Risk management body Alarm has welcomed the outcome of today's Court of Appeal decision to reverse the initial 10% damages uplift judgment for conditional fee arrangement funded claimants.
Claims 2012: ABI brands Riot Damages Act "inadequate"
Last year's riots in England demonstrated the need for radical reform of the Riot Damages Act, according to Aidan Kerr, head of property insurance at the Association of British Insurers.
Revised uplift judgment sparks impassioned responses from ABI and APIL
The Court of Appeal decision to revise its initial judgment relating to a 10% uplift in general damages has drawn contrasting responses from two of the key stakeholders from the hearing.
ABI wins 10% damages uplift challenge
Claimants that have entered a conditional fee arrangement before 1 April 2013 will not qualify for the 10% uplift in damages after the Association of British Insurers won a challenge in the Simmons v Castle case.
RK Harrison unveils professional indemnity cover for art sector
R K Harrison Insurance Services has developed a professional indemnity insurance policy for art market professionals.
Reservation of rights agreement close, says Airmic
Risk management body Airmic is close to launching a model clause on reservation of rights that it hopes will limit disputes on insurance payouts.
Legal services insurers in pole position to meet new generation's needs
Insurers are ideally placed to take advantage of the changing market environment, according to the new president of the International Association of Legal Protection Insurance (RIAD).
The gender neutrality countdown
As Europe counts down to the enforcement of the gender neutrality ruling, Neil Davies asks how prepared insurers and consumers really are.
Dual appoints UK chief operating officer
Dual UK has appointed Judit Petho as chief operating officer.
Zurich scoops trio of Insurance Fraud Awards
Zurich was the main winner at the Insurance Fraud Awards last night, picking up three gongs.
New players in solicitors' professional indemnity market dampen down rates
New entrants to the solicitors' professional indemnity insurance market have kept rates competitively low for this year's 1 October renewal deadline, according to brokers.
Market moves: Hastings and Compare the Market bolster ranks with directorial appointments
Broker Hastings and BGL-owned aggregator Compare the Market were the busiest recruiters this week, both bringing in new directors.
Ex-Capita boss joins price comparison site
The former chief executive of Capita Insurance Services and Minster Law, Matthew Briggs, has joined legal price comparison website Wigster.
Saga teams up with Parabis to offer legal services
Saga and Parabis have extended their partnership to offer a range of legal services, while Saga waits for the Solicitors Regulation Authority's decision on its own alternative business structure application.