“The tackle which goes wrong, the tendon which snaps, the heart condition which suddenly rears its head; few things are dreaded by professional sportspeople and their clubs as much as a career threatening injury or illness. Many put worry at the back of their minds by the thought that they have ‘insurance.'”
Full story (PDF)
Littleton Chambers, 9th May 2013
Source: www.littletonchambers.com
“Dispute Resolution analysis: When can solicitors who failed to obtain ATE insurance, become parties
to the litigation for the purpose of cost orders? Stephen Innes, barrister at 4 New Square Chambers
looks at the Court of Appeal’s decision in Heron v TNT.”
Full story (PDF)
4 New Square, 14th May 2013
Source: www.4newsquare.com
“As I mentioned in “Intellectual Property Litigation – the Funding Options” 10 April 2013, it was possible until the 31 March 2013 for a litigant to enter an agreement with his or her solicitors and counsel known as a conditional fee agreement (‘CFA’) whereby the lawyers would look to the other side for payment not only of their assessed costs but also of an uplift known as a success fee and the premium for insurance against their own and the other side’s costs in case of failure known as after-the-event (‘ATE’) insurance if they won the case or obtained a satisfactory settlement. As I also mentioned in that article, it is still possible to enter a CFA but any success fee and ATE insurance premium must now be paid by the successful party – usually out of any damages or accountable profits he or she may receive.”
NIPC Law, 4th May 2013
Source: www.nipclaw.blogspot.co.uk
“A new law intended to ensure insurance firms pay compensation when employers’ paperwork is lost will apply only to some cancer sufferers, and they will get less than expected.”
The Independent, 5th May 2013
Source: www.independent.co.uk
“Major law changes are turning the tide on the growing compensation culture, Justice Secretary Chris Grayling said today [1 May].”
Ministry of Justice, 1st May 2013
Source: www.gov.uk/government/organisations/ministry-of-justice
Supreme Court, 1st May 2013
“The family of a man who died of cancer but whose life insurance payout was refused on the grounds that he failed to disclose pins and needles have won their fight against Friends Life, after the financial ombudsman ruled that the insurer was wrong to cancel his policy.”
The Guardian, 26th April 2013
Source: www.guardian.co.uk
“Small and medium-sized online retailers can benefit from a ‘network of experts’ at “discounted rates” by taking out cyber liability or data breach insurance policies, an expert has said.”
OUT-LAW.com, 23rd April 2013
Source: www.out-law.com
“It seems that the courts – and in particular Central London Court – are taking an increasingly intolerant approach to fraudulent and exaggerated claims, and are visiting the consequences of such claims on the solicitors, as well as the unsuccessful claimant.”
Hardwicke Chambers, 18th April 2013
Source: www.hardwicke.co.uk
“A cold-call company has been ordered to pay a father £1,000 after it rang him more than 90 times in just two months asking if he wanted to reclaim mis-sold payment protection insurance (PPI).”
Daily Telegraph, 10th April 2013
Source: www.telegraph.co.uk
“A couple who carried out a fraudulent insurance scheme worth £900,000 used the money to put one of their children through a top public school.”
Daily Telegraph,
Source: www.telegraph.co.uk
The Daily Telegraph have recently introduced a limited paywall. Users will be permitted to view 20 Daily Telegraph articles per month for free, after which they will need to pay a subscription fee to access content.
“A new system of regulation will oversee businesses in the financial services sector after reforms to the previous regime took effect on Monday.”
OUT-LAW.com, 2nd April 2013
Source: www.out-law.com
“Britain’s new financial watchdog has pledged to clean up the financial services sector by using new powers to suspend or ban products if they appear harmful to consumers.”
The Guardian, 25th March 2013
Source: www.guardian.co.uk
“A ‘crash-for-cash’ scam run by a 60-strong gang swindled so much money car insurance firms raised bills of people in the area by about £100 a year. The fraud in County Durham involved faking accidents and making false whiplash compensation claims. The 60 either admitted or were found guilty during hearings held at Newcastle Crown Court since last March.”
BBC News, 18th March 2013
Source: www.bbc.co.uk
“MPs are to investigate the extent to which claims for whiplash injuries are
pushing up the cost of car insurance.”
BBC News, 15th March 2013
Source: www.bbc.co.uk
“In his monthly column, James Bickford Smith considers two judgments that illustrate the hazards of the commoditised litigation that will be transformed, for better or worse, by the Jackson reforms.”
Full story (PDF)
Littleton Chambers, 6th March 2013
Source: www.littletonchambers.com
“MPs on the transport select committee are launching an inquiry into whiplash claims, chairman Louise Ellman revealed yesterday.”
Litigation Futures, 6th March 2013
Source: www.litigationfutures.com
“The financial ombudsman service is taking on 2,000 new cases a day following payment protection insurance (PPI) complaints, with numbers rising at “unprecedented” rates.”
BBC News, 4th March 2013
Source: www.bbc.co.uk
“Antonio Horta-Osorio came under more pressure today after Lloyds Banking Group was slammed with a £4.3 million fine for failing to pay compensation quickly enough to tens of thousands customers.”
The Independent, 19th February 2013
Source: www.independent.co.uk
“Private firms will soon be able to buy people’s medical and genetic data without their consent and, in certain cases, acquire personal information that might enable them to identify individuals.”
The Guardian, 17th February 2013
Source: www.guardian.co.uk
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