Politics
Political Interview: Matthew Hancock: A positive relationship
In the countdown to the general election, Post caught up with Matthew Hancock, Minister of State at the Department for Business, Innovation and Skills, to find out his views on the insurance industry
Online dispute system to present industry with 'disruptive technology' challenge
The insurance industry should embrace the challenge of harnessing a new form of disruptive technology if an online dispute resolution system is rolled out to deal with low-value civil court cases in England and Wales.
Government will step in if meso scheme exceeds levy, says ABI
The Association of British Insurers has said it will work to ensure the Diffuse Mesothelioma Payment Scheme remains one of last resort, following the government’s decision to raise the compensation cap from 80% to 100%.
Insurers quick to implement changes as wave of legislation arrives
Insurers have been quick off the mark to ensure their businesses comply with the Insurance Act before it comes into effect in August next year.
Political Interview: Steven Woolfe: Woolfe at the door
With the UK Independence Party preparing to swoop for an unprecedented number of seats on 7 May, the party’s spokesman for Financial Services and Immigration Steven Woolfe tells Post what his party would do in power
Calls for backdating of 100% meso compensation opposed by insurers
Insurers and defendant lawyers have rejected calls for the 100% compensation level for the diffuse mesothelioma scheme to be backdated and for it to include other asbestos-related cancers, as doing so would be too problematic.
Government asked to evidence flood defence funding plan
The Environment, Food and Rural Affairs committee has called for government to show how the partnership funding model for flood defences will deliver greater private sector funding.
Government launches UK driverless car trials
The launch of three UK driverless car trials has been hailed as a step towards safer roads while research from aggregator Uswitch has revealed half of UK consumers would be unwilling to be a passenger in such a vehicle.
Mesothelioma payment tariffs to be increased to 100%
The government is bringing forward regulations to increase the tariff of payments made under the diffuse mesothelioma payment scheme from 80% of average civil claims to 100%.
Interview: Brendan McCafferty: Closing the floodgates
With just months to go until Flood Re is expected to be operational, CEO Brendan McCafferty gives Post a run-down of what he and his team need to achieve
DIS 2015 - Keynote Speaker: Malcolm Harbour CBE
Malcolm Harbour served 15 years as Conservative MEP for the West Midlands, including five years as Chairman of the Internal Market and Consumer Protection Committee.
Driverless cars could mean the end of third-party insurance
A Government report due this week is expected to say that third-party insurance could be eliminated as road trials of driverless cars in the UK are set to begin.
Reform needed to target industrial deafness claims, says Aviva
Aviva is calling for a significant shakeup into how industrial deafness claims are settled after reporting that 85% of such claims fail to demonstrate any link to workplace noise-induced hearing loss.
Ex-government minister Mark Hoban named Flood Re chairman
Former Financial Secretary to the Treasury Mark Hoban has been appointed to the role of chairman of Flood Re.
India's Insurance Bill could open door for Lloyd's
Lloyd's is keen for India's long awaited Insurance Bill to be ratified by Parliament.
Australia: Disaster averted?
Australian insurers facing possible requests from the government to help fund mitigation projects say it is not a cost they should bear and that any funding will eventually be paid for by policyholders.
Fundamental dishonesty clause criticised for 'unfairly targeting claimants'
Claimant legal bodies have slammed the non-amendment of the the Criminal Justice and Courts Bill clause
Legal Update: Ping-pong - it's not table tennis
Andrew Parker anticipates amendments to unfinished legislation as this parliament draws to a close
Insurers warned against 'indiscriminate use' of fundamentally dishonest clause
Insurers will be advised to avoid “indiscriminate use of legislation” designed to strike out claims deemed fundamentally dishonest, according to a partner at defendant law firm BLM.
Motor insurers and SMEs in firing line as court fee rises are considered
Proposed court fee increases have been criticised by legal experts for countering the government’s aim of reducing the cost of litigation, amid concerns motor insurers and SMEs will be impacted by the changes.
City minister's apprenticeship figures ‘a mistake’ says CII
The Chartered Insurance Institute has moved to correct City minister Andrea Leadsom’s claims on apprenticeships, claiming the MP is mistaken on numbers.
Fraud taskforce agrees terms of reference in first meeting
The government fraud taskforce has identified data protection as one area to focus on following its first meeting this week.
Biba sets out plan for more affordable regulation
The British Insurance Brokers' Association has set out a 10 point plan to achieve regulation that is better value for money in its 2015 manifesto, launched today (19 January).
Biba confident on pre-election manifesto progress
The British Insurance Brokers’ Association is confident it can make rapid progress on a list of 20 “calls for action” issued as part of its 2015 manifesto.