Insurance sector update: April 2011
This monthly update provides highlights of the news and developments on Pinsent Masons' OUT-LAW.COM that we think will be of most interest to the insurance sector. For past issues, go to our archive and for insurance-related material generally, see OUT-LAW's legal info for the insurance sector.
OUT-LAW News
Banks lose PPI complaints battle
The High Court has dismissed an attempt to overturn new
rules on how firms should deal with complaints about the
sale of payment protection insurance (PPI).
21/04/2011
Financial ombudsman rules out test case on volcanic ash
A year after the disruption caused by the Icelandic ash
cloud, the Financial Ombudsman Service (FOS) has refused to
refer a travel insurance dispute to the court as a test
case.
19/04/2011
Insurers lose Scottish pleural plaques appeal
A Scottish appeal court has ruled that an Act enabling
pleural plaques victims in Scotland to claim compensation
from negligent employers is neither unlawful nor irrational.
12/04/2011
No win no fee reforms divide insurers
The Government plans to make claimants who win their court
case pay their own lawyer's "success fee" and the premium
for any after-the-event (ATE) insurance out of the
compensation they are awarded.
31/03/2011
Expert witnesses can be sued for negligence, says Supreme Court
The Supreme Court has removed a 400 year old immunity
protecting expert witnesses from being sued over the
evidence they give to courts. Following the ruling expert
witnesses will be open to suits for negligence.
31/03/2011
Corporate hospitality is allowed, says new Bribery Act guidance
The Bribery Act will not lead to a large number of
prosecutions and will not outlaw corporate hospitality, the
Government has said in long-awaited guidance on last year's
Bribery Act.
30/03/2011
OUT-LAW Guides
Low value road traffic accident personal injury claims
The Ministry of Justice is consulting on extending the RTA PI scheme to include higher value claims and whether to apply a similar approach to public liability and employers’ liability claims.
Contact us
We're always keen to hear from you. Please email emily.bourne@pinsentmasons.com or call Emily on 020 7418 7099 if you have any questions. Emily Bourne is a professional support lawyer at Pinsent Masons who specialises in insurance law.
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