Insurer must compensate solicitor whose clients it induced to settle – OUT-LAW.com

Posted April 23rd, 2018 in compensation, costs, fees, insurance, news, personal injuries, solicitors by tracey

‘An insurer which offered to settle directly with personal injury claimants who had filed notices of their claims on the Road Traffic Accidents Portal (RTA Portal) must compensate the claimants’ solicitors, who would otherwise have been entitled to costs by virtue of a conditional fee agreement (CFA).’

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OUT-LAW.com, 20th April 2018

Source: www.out-law.com

Insurer diversity rules take effect in the UK – OUT-LAW.com

Posted April 18th, 2018 in company directors, diversity, insurance, news by sally

‘Major insurers in the UK must “consider a broad set of qualities and competencies” when recruiting board members, and have a policy in place to promote board diversity, under new rules that came into effect on 9 April.’

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OUT-LAW.com, 16th April 2018

Source: www.out-law.com

Indemnity insurance reforms “will damage small firms” – Legal Futures

Posted April 4th, 2018 in indemnities, insurance, law firms, news by sally

‘Indemnity insurance reforms put forward by the Solicitors Regulation Authority (SRA) last month will damage the small firms the regulator is trying to help, a specialist law firm has warned.’

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Legal Futures, 4th April 2018

Source: www.legalfutures.co.uk

UK government confirms changes to discount rate calculation method – OUT-LAW.com

Posted March 29th, 2018 in bills, consultations, insurance, news, personal injuries by tracey

‘The way in which the discount rate applied to lump sum personal injury payments is calculated will be changed in order to “better reflect evidence of actual investment habits”, the UK government has confirmed.’

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OUT-LAW.com, 28th March 2018

Source: www.out-law.com

English court delivers landmark judgment on project insurance coverage – OUT-LAW.com

Posted March 29th, 2018 in construction industry, contracting out, insurance, news by tracey

‘The High Court has handed down a judgment deciding that a sub-contractor on a construction project was not entitled to coverage from the project insurance policy.’

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OUT-LAW.com, 28th March 2018

Source: www.out-law.com

Whiplash reforms could cost claimant lawyers £80m, government says – Legal Futures

Posted March 22nd, 2018 in bills, compensation, fees, insurance, news, personal injuries by sally

‘The whiplash reforms could cost claimant lawyers £80m in lost fees a year, the Ministry of Justice (MoJ) said yesterday as it unveiled its final impact assessment (IA) of the changes contained in the Civil Liability Bill.’

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Legal Futures, 22nd March 2018

Source: www.legalfutures.co.uk

Uncertainty over privilege likely to lead to insurance case appeal – OUT-LAW.com

Posted March 21st, 2018 in disclosure, insurance, news, privilege by tracey

‘The High Court’s ruling that an insurance policy holder cannot be forced to disclose documents covered by litigation privilege is open to appeal because of apparent inconsistencies in the ruling’s approach to privilege.’

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OUT-LAW.com, 20th March 2018

Source: www.out-law.com

Justice Secretary unveils new bill to cut car insurance premiums – Ministry of Justice

Posted March 21st, 2018 in bills, compensation, insurance, personal injuries, press releases, road traffic by tracey

‘Justice Secretary David Gauke today (20 March 2018) unveiled the Civil Liability Bill, offering hope of lower insurance premiums to millions of motorists.’

full press release

Ministry of Justice, 20th March 2018

Source: www.gov.uk/government/organisations/ministry-of-justice

Insurers and claimant lawyers clash over impact of Civil Liability Bill on motor premiums – Legal Futures

Posted March 21st, 2018 in bills, compensation, insurance, news, personal injuries, road traffic by tracey

‘Publication of the Civil Liability Bill yesterday met with a polarised response and a commitment from the chief executives of 26 leading insurance companies to pass on the savings to customers – dismissed as empty promises by claimant solicitors.’

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Legal Futures, 21st March 2018

Source: www.legalfutures.co.uk

UK drivers to save £35 after new curbs on whiplash claims – The Guardian

Posted March 21st, 2018 in bills, compensation, insurance, news, personal injuries, road traffic by tracey

‘Car insurance premiums are to fall by £35 a year after the government announced measures to curb the high number of whiplash claims that currently cost UK drivers over £1bn a year. The justice secretary, David Gauke, unveiled plans to introduce the civil liability bill through the House of Lords, which will set out changes to the way that whiplash claims are calculated and paid.’

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The Guardian, 20th March 2018

Source: www.theguardian.com

Tonicstar Insurance Ltd v Allianz Insurance PLC [2018] EWCA Civ 434 – 4 New Square

Posted March 20th, 2018 in appeals, arbitration, insurance, news by sally

‘In Tonicstar v Allianz the Court of Appeal overturned the decision of Teare J at first instance and, in turn, the decision of Morison J in X Company v Y Company (17 July 2000) as to the meaning of a common form of insurance arbitration agreement.’

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4 New Square, 14th March 2018

Source: www.insurancelaw.london

Spire Healthcare Ltd v Royal & Sun Alliance Insurance Plc [2018] EWCA Civ 317 – 4 New Square

Posted March 20th, 2018 in appeals, health, insurance, news by sally

‘In Spire Healthcare, the Court of Appeal (Sir Geoffrey Vos and Simon LJ) heard an appeal to determine whether the policy of combined liability insurance aggregated the limits of cover. Graham Eklund QC of 4 New Square successfully represented Royal and Sun Alliance Insurance plc. The Court’s decision is considered by Ben Smiley of 4 New Square.’

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4 New Square, 9th March 2018

Source: www.insurancelaw.london

The clock starts ticking – Gauke publishes Civil Liability Bill – Legal Futures

Posted March 20th, 2018 in bills, compensation, insurance, news, personal injuries by sally

‘Justice Secretary David Gauke today finally published the Civil Liability Bill, which the government said “offered hope” of lower insurance premiums to millions of motorists by reducing the “unacceptably high number of whiplash claims”.’

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Legal Futures, 20th March 2018

Source: www.legalfutures.co.uk

The ‘MV Renos’ [2018] EWCA Civ 230 – 4 New Square

Posted March 16th, 2018 in insurance, news, repairs, shipping law by sally

‘In the ‘MV Renos’ the Court of Appeal had to determine whether the Respondents (“Owners”) had lost the right to abandon the vessel and claim that it was a constructive total loss (“CTL”).’

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4 New Square, 21st February 2018

Source: www.insurancelaw.london

Nesbit Law Group LLP v Acasta European Insurance Company Limited [2018] EWCA Civ 268 – 4 New Square

Posted March 16th, 2018 in exclusion clauses, indemnities, insurance, news by sally

‘In Nesbit Law Group LLP the Court of Appeal had to determine the proper construction of an exclusion clause in a series of Fidelity Guarantee Indemnity policies and whether the insurer should be permitted to amend its defence (the application having been made weeks before the hearing of the appeal) to allege various breaches of a loan agreement by insured which breaches were necessary for the insured to be caught by the exclusion clause.’

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4 New Square, 23rd February 2018

Source: www.insurancelaw.london

Jailed Grenfell Tower fraudster claimed missing husband was miraculously discovered in a cave – Daily Telegraph

Posted March 16th, 2018 in fire, fraud, insurance, news by tracey

‘A woman posing as a widow from Grenfell Tower pretended her “dead” husband had been miraculously found in a cave as part of a £19,000 fraud.’

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Daily Telegraph, 16th March 2018

Source: www.telegraph.co.uk

Organised criminals stealing identities of dead people to get cheaper car insurance – Daily Telegraph

Posted February 26th, 2018 in identity fraud, insurance, news by tracey

‘Organised criminals and fraudsters are stealing the identities of dead people in order to get cheaper car insurance, it has emerged.’

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Daily Telegraph, 24th February 2018

Source: www.telegraph.co.uk

The countdown begins: Whiplash reforms to be introduced in April 2019 – Legal Futures

Posted February 13th, 2018 in insurance, news, personal injuries, road traffic by sally

‘The government plans to introduce its whiplash reforms in April 2019, it emerged today [12 February].’

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Legal Futures, 12th February 2018

Source: www.legalfutures.co.uk

Rich couple’s divorce battle a waste of time, says UK judge – The Guardian

Posted February 5th, 2018 in arson, divorce, insurance, news by sally

‘A divorce battle between a couple who have spent almost £2m on lawyers’ fees while fighting over assets worth £6.6m at most, has been described as a “scandalous waste of court time” by a judge.’

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The Guardian, 2nd February 2018

Source: www.theguardian.com

Law Society joins battle over whether third-party capture insurer still has to pay solicitors’ costs – Litigation Futures

Posted January 29th, 2018 in appeals, costs, insurance, Law Society, news, solicitors by sally

‘The Law Society has been granted permission to intervene in the Supreme Court’s hearing of a case that made a major strike against the practice of third-party capture in personal injury.’

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Litigation Futures, 29th January 2018

Source: www.litigationfutures.com