Couple jailed for £900,000 car insurance fraud – Daily Telegraph

Posted April 11th, 2013 in benefits, fraud, insurance, news, sentencing, tax evasion by sally

“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.”

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Daily Telegraph,

Source: www.telegraph.co.uk

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New regulatory regime in place in financial services sector – OUT-LAW.com

Posted April 3rd, 2013 in banking, financial regulation, insurance, news, regulations by sally

“A new system of regulation will oversee businesses in the financial services sector after reforms to the previous regime took effect on Monday.”

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OUT-LAW.com, 2nd April 2013

Source: www.out-law.com

Financial Conduct Authority may ban harmful products – The Guardian

Posted March 26th, 2013 in banking, consumer protection, financial regulation, insurance, news by sally

“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.”

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The Guardian, 25th March 2013

Source: www.guardian.co.uk

‘Cash-for-crash’ scam in Durham ‘put car insurance up by £100’ – BBC News

Posted March 19th, 2013 in fraud, gangs, insurance, news, sentencing by sally

“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.”

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BBC News, 18th March 2013

Source: www.bbc.co.uk

Car insurance: MPs to investigate impact of whiplash claims – BBC News

Posted March 15th, 2013 in insurance, news, personal injuries, select committees by sally

“MPs are to investigate the extent to which claims for whiplash injuries are
pushing up the cost of car insurance.”

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BBC News, 15th March 2013

Source: www.bbc.co.uk

Jackson and the occupational hazards of commoditised litigation: a practical view from the Bar – Littleton Chambers

Posted March 12th, 2013 in costs, insurance, news, trials, witnesses by sally

“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.”

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Littleton Chambers, 6th March 2013

Source: www.littletonchambers.com

MPs launch whiplash enquiry as sparks fly between insurers and claimant lawyers – Litigation Futures

Posted March 7th, 2013 in accidents, inquiries, insurance, news, select committees by sally

“MPs on the transport select committee are launching an inquiry into whiplash claims, chairman Louise Ellman revealed yesterday.”

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Litigation Futures, 6th March 2013

Source: www.litigationfutures.com

PPI complaints rise ‘unprecedented’, says ombudsman – BBC News

Posted March 5th, 2013 in banking, complaints, financial services ombudsman, insurance, news by sally

“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.”

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BBC News, 4th March 2013

Source: www.bbc.co.uk

Pressure mounts on Lloyds boss as bank is fined £4.3m over delayed payment protection insurance redress – The Independent

Posted February 19th, 2013 in banking, compensation, delay, fines, insurance, news by sally

“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.”

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The Independent, 19th February 2013

Source: www.independent.co.uk

Sale of personal gene data condemned as ‘unethical and dangerous’ – The Guardian

Posted February 18th, 2013 in data protection, insurance, medical records, news, privacy by sally

“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.”

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The Guardian, 17th February 2013

Source: www.guardian.co.uk

Supreme Court upholds FSA’s power to regulate extended warranties – OUT-LAW.com

Posted February 18th, 2013 in consumer protection, contracts, financial regulation, insurance, news, warranties by sally

“The Financial Services Authority (FSA) was within it rights to close down two unauthorised extended warranty schemes, regardless of whether the cover involved the payment of money to customers, the Supreme Court has confirmed.”

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OUT-LAW.com, 15th February 2013

Source: www.out-law.com

Bypassing lawyers would save £1.5bn, insurer claims – Law Society’s Gazette

Posted February 15th, 2013 in insurance, legal services, news, personal injuries, road traffic by sally

“Removing lawyers altogether from the small-claims process would save each motorist an average £60 a year on their car insurance premiums, a major insurer today [14 February] claimed.”

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Law Society’s Gazette, 14th February 2013

Source: www.lawgazette.co.uk

In the matter of Digital Satellite Warranty Cover Limited and another (Appellants) v Financial Services Authority (Respondent) – Supreme Court

Posted February 13th, 2013 in contracts, EC law, financial regulation, insurance, law reports, warranties by sally

In the matter of Digital Satellite Warranty Cover Limited and another (Appellants) v Financial Services Authority (Respondent) [2013] UKSC 7 | UKSC 2012/0003 (YouTube)

Supreme Court, 13th February 2013

Source: www.youtube.com/user/UKSupremeCourt

What the Supreme Court’s Prudential ruling means for insurers – OUT-LAW.com

Posted February 13th, 2013 in claims management, confidentiality, insurance, legal services, news, privilege by sally

“FOCUS: The decision by the Supreme Court last month that legal professional privilege would not apply to advice from non-lawyers confirms how important it is for insurers to maximise the value of legal privilege.”

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OUT-LAW.com, 13th February 2013

Source: www.out-law.com

Extra measures to tackle PPI claim pests – Ministry of Justice

Posted February 8th, 2013 in claims management, consumer protection, insurance, news by sally

“A specialist team created to crackdown on bad practice in the Payment Protection Insurance (PPI) claims market has helped tackle more than 200 rogue firms and is being strengthened to monitor even more companies.”

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Ministry of Justice, 8th February 2013

Source: www.justice.gov.uk

Insurer wrong to reject law firm’s blanket notification of possible claims, High Court rules – Legal Futures

Posted February 5th, 2013 in insurance, law firms, news, notification by sally

“A professional indemnity (PI) insurer was wrong to reject a law firm’s blanket notification of possible claims, the High Court has decided in what is believed to be the first ruling of its kind.”

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Legal Futures, 5th February 2013

Source: www.legalfutures.co.uk

Regulator begins investigation into annuity market – OUT-LAW.com

Posted February 5th, 2013 in financial regulation, insurance, news, pensions by sally

“The Financial Services Authority (FSA) is investigating whether consumers are
getting a ‘fair dea’ when purchasing annuities, it has announced.”

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OUT-LAW.com, 4th February 2013

Source: www.out-law.com

Milton Keynes Borough Council v Nulty, decd and others – WLR Daily

Posted January 28th, 2013 in appeals, burden of proof, causation, fire, insurance, law reports, negligence by sally

Milton Keynes Borough Council v Nulty, decd and others [2013] EWCA Civ 15; [2013] WLR (D) 25

“There was no rule of law that if the only other possible causes of an event were very much less likely than one suggested means of causation, that became the probable cause; the court had to be satisfied on rational and objective grounds that the case for believing that the suggested means of causation occurred was stronger than the case for not so believing.”

WLR Daily, 24th January 2013

Source: www.iclr.co.uk

Motorcyclist on cannabis with 45 traffic convictions who killed pedestrian given 18 months – Daily Telegraph

Posted January 23rd, 2013 in dangerous driving, drug offences, guilty pleas, insurance, news by sally

“A widow whose husband was killed as he walked home from his local pub is to campaign for a change in the law after a banned driver dubbed ‘an absolute menace on the roads’ was jailed for only 18 months today for causing his death.”

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Daily Telegraph, 23rd January 2013

Source: www.telegraph.co.uk

Welcome relief? Nationwide v Davisons Solicitors and section 61 of Trustee Act 1925 – Hardwicke Chambers

Posted January 17th, 2013 in fraud, insurance, mortgages, news, trusts by sally

“A topical debate is the extent to which solicitors acting for mortgage lenders (or more precisely, their professional indemnity insurers) should bear the consequences of mortgage fraud.”

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Hardwicke Chambers, 10th January 2013

Source: www.hardwicke.co.uk