FSA finds banks guilty of mis-selling to small firms – BBC News

Posted June 29th, 2012 in banking, financial regulation, insurance, news, small businesses by tracey

“The Financial Services Authority says banks mis-sold specialist insurance known as interest rate swaps tied to thousands of small businesses.”

Full story

BBC News, 29th June 2012

Source: www.bbc.co.uk

Proposed new law would make it harder for insurers to avoid contracts – OUT-LAW.com

Posted June 28th, 2012 in consultations, contracts, insurance, news by sally

“Proposed changes to insurance law for businesses could make it harder for insurers to avoid contracts where a company does not disclose “every material circumstance” when taking out a policy.”

Full story

OUT-LAW.com, 27th June 2012

Source: www.out-law.com

Reforming the duty of disclosure in business insurance, and bringing the law on warranties up to date – Law Commission

Posted June 26th, 2012 in consultations, disclosure, insurance, news, warranties by sally

“In a consultation opening today, the Law Commission and Scottish Law Commission are proposing a new law to make clear what businesses must tell insurers when they buy insurance.”

Full story

Law Commission, 26th June 2012

Source: www.lawcommission.justice.gov.uk

John Worboys victims in damages case setback – BBC News

“Victims of black cab rapist John Worboys have lost a crucial step in their High Court battle for damages.”

Full story

BBC News, 25th June 2012

Source: www.bbc.co.uk

Court ruling could force motor insurance premiums to rise by 25pc – Daily Telegraph

Posted June 18th, 2012 in accidents, insurance, news, repairs, road traffic by sally

“Customers could face yet more hikes in their car insurance after a court ruling that experts fear could lead to minor repairs costing 25pc more.”

Full story

Daily Telegraph, 15th June 2012

Source: www.telegraph.co.uk

OFT refers ‘dysfunctional’ car insurers to Competition Commission – Daily Telegraph

Posted May 31st, 2012 in competition, consumer protection, insurance, news by tracey

“The Office of Fair Trading (OFT) has provisionally decided to refer the private motor insurance market to the Competition Commission after it found evidence that insurers compete in a ‘dysfunctional way’ that pushes up premiums by £225m a year.”

Full story

Daily Telegraph, 31st May 2012

Source: www.telegraph.co.uk

How Elvis CD trapped man who faked his own death for £850,000 – Daily Telegraph

Posted May 29th, 2012 in extradition, fraud, insurance, news, sentencing by tracey

“A father of four who faked his own death to claim more than £850,000 in insurance was caught when a friend attempted to use his HMV staff discount card to buy an Elvis CD, a court heard.”

Full story

Daily Telegraph, 28th May 2012

Source: www.telegraph.co.uk

Sulamérica Cia Nacional de Seguros SA and others v Enesa Engenharia SA and others – WLR Daily

Sulamérica Cia Nacional de Seguros SA and others v Enesa Engenharia SA and others [2012] EWCA Civ 638; [2012] WLR (D) 148

“Where a commercial contract contained a choice of law clause exclusively in favour of one country and a jurisdiction clause giving the courts of the same country exclusive jurisdiction, but an arbitration clause by which the seat of the arbitration was to be in a different country, the issue of the proper law of the arbitration clause was a matter of contractual interpretation. The proper law depended on all the terms of the particular contract, when read in the light of the surrounding circumstances and commercial common sense.”

WLR Daily, 16th May 2012

Source: www.iclr.co.uk

Should we outlaw genetic discrimination? – UK Human Rights Blog

“Earlier this month the Association of British Insurers announced the latest extension on the moratorium on the use of genetic test results for insurance purposes. But is this ‘Concordat’ sufficient protection? Genetic technologies are becoming increasingly available and profound questions are arising in relation to life and health insurance and employability as genetic screening becomes cheaper and widespread.”

Full story

UK Human Rights Blog, 9th May 2012

Source: www.ukhumanrightsblog.com

Crackdown on whiplash injury claims – The Independent

“Whiplash injury claims cost insurers more than £2 billion last year – adding around £90 to the
cost of a typical car insurance policy, the AA has revealed.”

Full story

The Independent, 2nd May 2012

Source: www.independent.co.uk

Code consultation: queries about insurance requirements – Bar Standards Board

Posted April 27th, 2012 in barristers, insurance, press releases, professional conduct by tracey

“Since issuing the consultation on the new Code (Handbook), we have received some queries about the insurance requirements in the new Code.”

Full press release

Bar Standards Board, 26th April 2012

Source: www.barstandardsboard.org.uk

Sex attack victims sue cabbie John Worboys and his insurers – BBC News

Posted April 24th, 2012 in insurance, news, taxis, victims by sally

“Women who were sexually assaulted by cabbie John Worboys are suing him and his vehicle insurers, arguing he used his taxi to attack them.”

Full story

BBC News, 24th April 2012

Source: www.bbc.co.uk

HomeServe fined £750,000 over silent calls – The Guardian

Posted April 19th, 2012 in consumer protection, fines, insurance, news, telecommunications by tracey

“Home insurance and repairs company HomeServe has been fined £750,000 by the telecoms regulator for making an excessive number of silent and abandoned calls.”

Full story

The Guardian, 19th April 2012

Source: www.guardian.co.uk

Still suffering from an accident for which you weren’t to blame? – The Guardian

Posted April 18th, 2012 in fees, insurance, legal aid, news, personal injuries by sally

“To nobody’s surprise, the government last night rejected arguments on behalf of mesothelioma sufferers and overturned a Lords amendment that would have exempted them from the effects of Part 2 of the legal aid bill (known as the Jackson reforms).”

Full story

The Guardian, 18th April 2012

Source: www.guardian.co.uk

A Perception on Deception – Part II – Zenith Chambers

Posted April 16th, 2012 in deceit, fraud, insurance, news, personal injuries, pleadings by sally

“Part I of this Article considered the approach of the courts and Insurers during the litigation process, but what happens post-litigation? Part II considers that very question.”

Full story (PDF)

Zenith Chambers, 11th April 2012

Source: www.zenithchambers.co.uk

Nuclear providers to be liable for up to €1.2bn damage, Government confirms – OUT-LAW.com

Posted April 3rd, 2012 in insurance, news, nuclear power, treaties by sally

“Nuclear operators are to be liable for damages amounting up to seven times the current limit in the event of a nuclear incident, the Government has confirmed.”

Full story

OUT-LAW.com, 3rd April 2012

Source: www.out-law.com

The Employers’ Liability Policy Trigger Litigation – 4 New Square

Posted April 3rd, 2012 in asbestos, employment, indemnities, industrial injuries, insurance, news by sally

“The Supreme Court handed down judgment in the Employers’ Liability Policy Trigger Litigation on 28 March 2012. The appeals of the run-off insurers on the construction of ‘disease contracted’ were dismissed and the appeals of the insureds and Zurich against the construction of ‘sustaining injury’ were allowed. The result is that employers’ liability policies which are written on a ‘sustained’ or ‘contracted’ basis will, in mesothelioma cases, respond by reference to the date of exposure rather than the date of the tumour. The Court was divided on a subsidiary question of causation as to the application of the ‘special rule’ in Fairchild. Lord Phillips would have held that none of the policies responded but the majority was firmly against his view.”

Full story (PDF)

4 New Square, 28th March 2012

Source: www.4newsquare.com

Asbestos court ruling leaves insurers facing bill of up to £5bn – The Guardian

Posted March 29th, 2012 in asbestos, indemnities, industrial injuries, insurance, news, Supreme Court by sally

“Insurers may have to pay out as much as £5bn to relatives of those who have died from asbestos-related cancers following a supreme court judgment that will benefit thousands of families.”

Full story

The Guardian, 28th March 2012

Source: www.guardian.co.uk

Asbestos: court ruling opens way for insurance claims – BBC News

Posted March 28th, 2012 in asbestos, cancer, compensation, health & safety, insurance, news, Supreme Court, victims by sally

“The UK Supreme Court has made a ruling which could allow thousands of insurance claims by families of people who died after exposure to asbestos.”

Full story

BBC News, 28th March 2012

Source: www.bbc.co.uk

Families win landmark ruling on £600m asbestos compensation – The Independent

Posted March 26th, 2012 in asbestos, compensation, families, health & safety, insurance, news, victims by sally

“Thousands of families whose relatives were killed by asbestos cancers will win a landmark compensation victory this week, sources have told The Independent on Sunday. The Supreme Court will rule on Wednesday that insurers who offered cover at the time victims inhaled the deadly fibres will have to pay compensation.”

Full story

The Independent, 25th March 2012

Source: www.independent.co.uk