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Personal injury (PI)

PPOs present threat to motor insurers

The increase in Periodical Payment Orders will be credit negative for companies with significant personal injury claim exposures, most notably motor insurers and their reinsurers, Moody's Investors Service has warned.

Editor's comment: Consolidation casualties coming?

The specifics of what went wrong at North West personal injury firm Donns - forcing it into administration at the cost of 42 jobs, while 2500 cases were still in progress - will remain the subject of speculation for some time.

EL trigger litigation: the judgment

Today the Supreme Court put an end to years of uncertainty by ruling that the insurer on risk at the time of someone's exposure to asbestos is liable to pay compensation for their mesothelioma – regardless of the particular nuances of the employers'…

Apil issues justice warning despite Laspo bill exemptions

A decision by the House of Lords to exempt victims of industrial disease from the proposals for 'no-win, no-fee' in the Legal Aid, Sentencing and Punishment of Offenders Bill has been welcomed by the Association of Personal Injury Lawyers.

Pool for PPOs splits insurers and reinsurers

Insurers and reinsurers are split over the idea of an industry pooling solution to deal with the size and duration of periodical payment orders, according to a straw poll conducted by actuary Towers Watson.

Medics to tell MPs their reports add value

The British Medical Association and medical reporting firm Premex Group will today tell MPs on the All Party Parliamentary Group on Insurance & Financial Services that medical reports help the personal injury claims process.

Quindell placing to raise £30m

Brand extension company Quindell Portfolio has raised £30m through an oversubscribed placing with institutional investors.

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