Insurance Contract Law: Post Contract Duties and other Issues – Law Commission
“Insurance Contract Law: Post Contract Duties and other Issues.”
Law Commission, 20th December 2011
Source: www.justice.gov.uk/lawcommission
Category: insurance
Insurer fined £2.8m by FSA for sales standards – BBC News
“An insurer has been fined £2.8m by the City watchdog for a ‘high-risk’ system of pay for its sales agents, among other faults.”
BBC News, 19th December 2011
Source: www.bbc.co.uk
PI lawyers risk conflict claims under ABS – Law Society Gazette
“The legal profession is unprepared for conflicts of interest in personal injury law that will occur from 2012, the Gazette has been told. Such conflicts could leave PI lawyers open to negligence claims and increase professional indemnity insurance premiums.”
Law Society Gazette, 15th December 2011
Source: www.lawgazette.co.uk
Female motorists face £900m hike in annual insurance premiums, Government says – OUT-LAW.com
“Women drivers in the UK will pay over £900 million more a year for motor insurance than they currently do as a result of ‘broadly negative’ changes to EU gender laws, the Government has said.”
OUT-LAW.com, 12th December 2011
Source: www.out-law.com
In re Digital Satellite Warranty Cover Ltd and others – WLR Daily
In re Digital Satellite Warranty Cover Ltd and others: [2011] EWCA Civ 1413; [2011] WLR (D) 352
“A contract for repair or replacement only in the event of breakdown or malfunction which did not oblige the insurer to indemnify the insured for costs which the insured himself incurred fell within paragraph (b) of class 16 Schedule I to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001.”
WLR Daily, 29th November 2011
Source: www.iclr.co.uk
Ban on referral fees is looming but enforcement could prove tricky – The Guardian
“There is a crucial get-out clause that means referral fees in personal injury claims may continue to be paid in disguise.”
The Guardian, 6th December 2011
Source: www.guardian.co.uk
Berry v Star Autos Ltd and others – WLR Daily
Berry v Star Autos Ltd and others [2011] EWCA Civ 1304; [2011] WLR (D) 327
“On a claim to which there were two or more defendants the court had power to order an interim payment under CPR r 25.7(1)(e) if it were satisfied that at least one of the defendants against whom the application for interim payment was being made would be held liable and each of those defendants was insured; the fact that there might be another defendant who was not insured was immaterial.”
WLR Daily, 10th November 2011
Source: www.iclr.co.uk
Referral fee ban will hit PI claimants – says MoJ assessment – Law Society’s Gazette
“Personal injury claimants could suffer from a ban on referral fees while insurers and lawyers would incur no extra costs, according to the government department proposing the ban.”
Law Society’s Gazette, 31st October 2011
Source: www.lawgazette.co.uk
‘Before the event’ legal insurers cannot refuse an insured’s solicitor solely because of rates, court says – OUT-LAW.com
“An insurer cannot refuse to pay fees for an insured’s choice of solicitor solely because the solicitor’s rates are higher than a limit stipulated by the insurers, a court has said.”
OUT-LAW.com, 26th October 2011
Source: www.out-law.com
Supreme Court Court backs asbestos compensation law – BBC News
“The UK Supreme Court has backed the right of people in Scotland to claim damages for the asbestos-related condition pleural plaques.”
BBC News, 12th October 2011
Source: www.bbc.co.uk
Pensioner faked death in Central America for life insurance payout – Daily Telegraph
“A pensioner was jailed for six years today after he admitted faking his own death in Central America to try to pocket a £520,000 life insurance payout.”
Daily Telegraph. 30th September 2011
Source: www.telegraph.co.uk
Car insurer’s repair costs “cannot be in the public interest”, judge says – OUT-LAW.com
“A major motor insurer has been ‘boosting profits’ beyond the actual costs it incurs carrying out repairs, a County Court judge has said.”
OUT-LAW.com, 20th September 2011
Source: www.out-law.com
Minister announces referral fee ban – Ministry of Justice
“Referral fees for personal injury cases will be banned to help tackle rising insurance costs, as part of the Government’s commitment to curb compensation culture.”
Ministry of Justice, 9th September 2011
Source: www.justice.gov.uk
Injury claim referral fees to be banned – BBC News
“The government is to ban referral fees in personal injury claims in an attempt to curb the ‘compensation culture’. It says the current system in which personal injury details are sold on by insurance companies to lawyers has led to rising insurance costs.”
BBC News, 9th September 2011
Source: www.bbc.co.uk
Insurance companies face car insurance probe – Daily Telegraph
“The OFT has issued what it describes as a ‘call for evidence’ a preliminary step which could lead to a full scale inquiry. It is understood that the watchdog is concerned whether there is genuine competition between the major insurers in the market.”
Daily Telegraph, 8th September 2011
Source: www.telegraph.co.uk
Insurance broker Willis fined £7m by FSA – The Guardian
“Willis Limited carpeted by the Financial Services Authority for failing sufficiently to monitor payments to overseas third parties.”
The Guardian, 21st July 2011
Source: www.guardian.co.uk
William McIlroy (Swindon) Ltd and others v Quinn Insurance Ltd; Rannoch Investments Ltd v Same – WLR Daily
“A clause in a public liability insurance policy requiring the insured to seek arbitration within nine months of a dispute arising on the insurer’s liability did not operate to bar an insured person’s claim before he had any cause of action to bring a claim. The Court of Appeal so held allowing appeals by the first claimants, William McIlroy (Swindon) Ltd, Mackays Stores Ltd, Cathedral Works Organisation (Chichester) Ltd, and the second claimants, Rannoch Investments Ltd, from a decision of Edwards-Stuart J in the Technology and Construction Court finding as a preliminary issue that the claimants were barred by general condition 16 of their insurance contract from proceeding against the defendants, Quinn Insurance Ltd.”
WLR Daily, 18th July 2011
Source: www.iclr.co.uk
‘No win, no fee’ agreements have led to the exposure of media abuse – The Guardian
“The present proposals by the Ministry of Justice to abolish the recovery by successful claimants of the success fees on ‘no win no fee’ libel and privacy cases and the recovery of ‘after the event’ (ATE) insurance premiums represents a damaging and dangerous attack on access to justice for ordinary citizens of modest means.”
The Guardian, 18th July 2011
Source: www.guardian.co.uk
Contempt case holidaymaker jailed after Facebook photos – BBC News
“A man who drove to Italy with his wife despite claiming he was disabled has been jailed for nine months.”
BBC News, 13th July 2011
Source: www.bbc.co.uk
FSA finds no evidence of insurer bias against BME firms – Law Society’s Gazette
“An investigation by the Financial Services Authority has found no evidence that insurers discriminated against black and ethnic minority law firms during last year’s professional indemnity insurance renewal.”
Law Society’s Gazette, 7th July 2011
Source: www.lawgazette.co.uk
