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A barrister and firm of solicitors did not act negligently when they advised a client to settle her road traffic accident (RTA) claim after her main witness failed to attend court, the High Court has ruled. 08 Feb 2016
Flood Re, the flood insurance scheme set up by the UK government and industry to offer cheaper insurance to homeowners at risk of flooding, has reached reinsurance deals worth £2.1 billion with 38 insurance companies. 02 Feb 2016
A new EU directive which will make it easier for firms to trade cross-border, create a level playing field among all participants and strengthen policyholder protection is close to final adoption.
The 2015 Insurance Act will, subject to an 18-month transition period, introduce what the UK government has described as “the biggest reform to insurance contract law in more than a century”.
New rules will apply when insurers outsource "critical or important operation functions or activities" once the Solvency II regulatory regime comes into force on 1 January 2016. This short guide will provide a brief overview of the requirements, as well as...
Anti-competitive agreements are prohibited by European and domestic competition law. This means any anti-competitive provisions in commercial agreements are void and unenforceable which could lead to the entire agreement being unenforceable.
Those producing or selling packaged retail investment and insurance-based investment products (PRIIPs) will have to produce key information documents (KIDs) as a result of planned EU legislation designed to make it easier for retail investors to compare products...
Deferred prosecution agreements (DPAs) are a way for authorities and companies to settle certain kinds of disputes involving allegations of corporate criminal misconduct. Their use could have implications for directors and officers liability (D&O) insurance....
FOCUS: Insurers will place less reliance on the personal traits and behaviours of drivers and focus instead on the technical features of cars when setting car insurance premiums in the future. 28 Jan 2016
Insurers should collaborate further on data-sharing initiatives aimed at reducing insurance fraud, according to a government-commissioned report. 21 Jan 2016
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