Personal injury (PI)
Legal update - motor fraud: Paying the cost
Pursuing a non-party for costs should not be taken lightly, but it could prove a powerful deterrent when fighting fraudsters. Craig Nunn explains.
View from the top: Commercial reality check
The most recent round of financial results from across the market has provided further proof, if more were needed, that commercial insurance is being sold too cheaply. Indeed, this has been the case for far too long. Action to address this is a matter of…
Football clubs urged to take cover
European football clubs' representantive body has called for national teams to ensure they have an insurance policy in place to address the costs arising from players'injuries.
Insurance Fraud 2010
Hear the latest initiatives on combating insurance fraud from Aviva, Allianz, Axa, Experian, the Insurance Fraud Bureau, the Financial Ombudsman Service and others at Post's Fraud 2010 conference later this month.
MoJ: we will "weed out" the personal injury text pests
The Ministry of Justice has reiterated its desire to clamp down on claims management firms cold-texting people to attract personal injury work.
Postscript - 50 years ago: Automatic payment sees interest
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
Law report: Paraplegic given interim payment for accommodation
This law report has been contributed by national law firm Berrymans Lace Mawer.
IAG defends ERS in face of report
Australian insurer IAG has defended its UK business Equity Red Star, insisting it will return to long- term profitability.
Ecclesiastical blames Chilean earthquake for pre-tax loss
Ecclesiastical has revealed that exposure to the Chilean earthquake was predominantly responsible for its £9.9m pre-tax loss for the first half of 2010.
Mobile Doctors reports fall in profit and turnover in H1 2010
Mobile Doctors Group has reported a fall in revenue to £12.61m (2009: £14.06m) for the six months ended 31 May and profit before tax to £298 000 (2009: £667 000).
Allianz appoints claims handling centre manager
Allianz has appointment Mark Carlyon-Smith as manager for the company’s Woking claims handling centre.
IAG UK reports full year loss of $355m
Insurance Australia Group today announced its UK business had recorded a loss of $355m for the year ended 30 June 2010 (FY09 $113m), a margin of minus 65.5% (FY09 15.2%).
Fortis Insurance UK back in the black after strong Q2
Fortis Insurance UK this morning reported that a profit before tax of £8.4m in the first half of 2010, reflecting improved performance in the second quarter (Q1 2010: £3.2 m loss; HY 2009: £26.0m profit).
Admiral reports record H1 profit as it avoids rival's claim pain
Admiral has bucked the trend of motor insurance groups by reporting that it has seen no "unusual trends in bodily injury or damage claims" as it unveiled a record half year profit.
Law report: Claimant judged to be telling truth over pavement slip
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Defendant's breach of duty over noise measurements results in reversal
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Judge overruled for neglecting to accept scientific evidence
This law report has been contributed by national law firm Berrymans Lace Mawer.
Legal update - motor claims: Expert handling
Contesting motor claims that seem grossly and deliberately exaggerated can be a tricky business. Roger Mackle examines two cases where fraud was alleged that had very different end results.
Lloyd's insurer Equity co-operating with FSA over investigation
Equity Red Star is reported to be under investigation by the Financial Services Authority over concerns about the impact of bodily injury claims on its balance sheet.
Postscript - 10 years ago: Football coverage in decline
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Postbox: Discovering the intentions of customers
As the Actuarial Party's recent report states, claims management companies are driving some people to claim.
Law report: Part 36 offer withdrawals underlined
This report has been supplied by national law firm Berrymans Lace Mawer.
Controlling claims costs: The spirit of co-operation
With higher settlements and as claims costs rise, Bob Rabbitts praises insurers, claimant and defendant lawyers, and rehabilitation providers, for putting their differences aside to work together to provide consensus.
RBSI CEO cries injustice as it is hit with 30 PPOs
Royal Bank of Scotland Insurance's decision to strengthen its reserves by £320m in lieu of bodily injury claims has contributed to an operating loss of £253m in the first six months of the year.