Insurancehttps://www.pinsentmasons.com/shared-content/rss-feed/outlaw-insuranceOut-Law Insuranceen-GB60{A9FE3874-5F6A-448E-9DE2-2890C28BB5F5}https://www.pinsentmasons.com/out-law/news/fca-emphasises-need-for-transparency-in-regulatory-approach?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceFCA emphasises need for transparency in regulatory approachA recent update from the UK’s Financial Conduct Authority (FCA) indicates that it is likely to pursue greater transparency even outside any enforcement investigation, posing some challenges for firms, an expert has said.Wed, 20 Mar 2024 12:08:32 Z{76C84C4F-8357-4249-B34B-ECC57C934E9F}https://www.pinsentmasons.com/out-law/analysis/how-ai-use-in-cyber-attacks-affects-insurers-risk-exposure?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceHow AI use in cyber attacks affects insurers’ risk exposureLloyds of London, the insurance marketplace, is the latest institution to highlight how AI is changing the cyber risk landscape.Tue, 19 Mar 2024 15:20:28 Z{8ECAFEC4-491D-4676-A591-7DA289B8BC2E}https://www.pinsentmasons.com/out-law/news/automated-vehicles-bill-uk-law?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceAutomated Vehicles Bill half-way to becoming UK lawAutomotive manufacturers and other businesses developing components for ‘driverless cars’ and similar self-driving vehicles can be increasingly confident about the future legislative and regulatory landscape they will face in the UK, as the Automated Vehicles Bill progresses through the UK parliament, experts have said.Fri, 23 Feb 2024 16:24:53 Z{F6C53E5A-70BD-4019-994B-FF7DA2AD3C28}https://www.pinsentmasons.com/out-law/analysis/ai-can-improve-aerospace-operations-if-legal-risk-is-managed?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceAI can improve aerospace operations if legal risk is managedAerospace companies have the potential to make their operations more efficient – and improve their health and safety and advance their decarbonisation objectives in the process – by harnessing the power of artificial intelligence (AI).Mon, 29 Jan 2024 11:03:37 Z{04F2AB9C-2301-4DF1-A516-4FB12C97EC8E}https://www.pinsentmasons.com/out-law/news/right-to-damages-for-unreasonably-late-insurance-claims-settlement-now-in-force?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceRight to damages for 'unreasonably' late insurance claims settlement now in forceBusiness and consumer insurance policyholders may now pursue their insurers in the courts if they do not settle claims within a reasonable amount of time.Wed, 29 Nov 2023 15:35:21 Z{30973D7D-E377-4779-85FA-B688C4E97A50}https://www.pinsentmasons.com/out-law/analysis/energy-act-2023--radioactive-waste-disposal?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceThe Energy Act 2023 – changes to the regulation of radioactive waste disposalChanges to UK law made when the Energy Act 2023 recently entered into force gives organisations operating low-level waste disposal sites in the nuclear sector a new right to seek an exemption to strict liability rules associated with operating nuclear sites.Mon, 13 Nov 2023 09:44:48 Z{3878CA19-87A8-4602-B0F8-F4F015993CC8}https://www.pinsentmasons.com/out-law/news/uk-move-ahead-automated-vehicles-bill?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceUK to move ahead with Automated Vehicles BillThe UK government will bring forward an Automated Vehicle Bill over the course of the next parliament, paving the way for use of self-driving vehicles on UK public roads.Wed, 08 Nov 2023 15:30:06 Z{0192871C-A19E-4ECA-9E0D-FC4E92AC446F}https://www.pinsentmasons.com/out-law/news/insurance-brokers-body-launches-fair-value-framework?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceInsurance brokers body launches ‘Fair Value Framework’ amid FCA criticismThe British Insurance Brokers’ Association (BIBA) has introduced a new initiative aimed at assisting its members to meet regulatory value requirements. Mon, 06 Nov 2023 10:37:36 Z{4F6677E7-84B7-42C5-B823-9F649913F86E}https://www.pinsentmasons.com/out-law/news/uk-autonomous-vehicles-law-announcement-anticipated?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceUK autonomous vehicles law announcement anticipatedFuture demand for autonomous vehicles will be significantly influenced by the extent to which legislators can simultaneously promote innovation and flexibility while addressing safety concerns in the rules they write, an expert has said.Thu, 02 Nov 2023 15:51:15 Z{ABB67B57-B6C4-49A2-B588-E91E0CFE44DC}https://www.pinsentmasons.com/out-law/news/ai-safety-summit-guidance-for-businesses?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceAI safety summit must spur more guidance for businesses now, say legal expertsBusinesses need governments and regulators to come together to provide greater clarification on how existing legislation and regulation globally applies to the use of artificial intelligence (AI) systems, experts have said.Mon, 30 Oct 2023 16:49:45 Z{B027F166-954C-4915-944B-AB9FD8A33898}https://www.pinsentmasons.com/out-law/news/fca-against-expanding-access-to-fos-regime-uk-smes?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceFCA decides against expanding access to FOS regime to 'larger' UK SMEsThe Financial Conduct Authority’s (FCA) decision to not extend access to the Financial Ombudsman Service (FOS) to ‘larger’ small and medium-sized enterprises (SMEs) in the UK has struck a “sensible” balance, according to legal experts.Fri, 27 Oct 2023 11:30:59 Z{31E5B340-1B73-402A-BC42-3BDDB1DD62E4}https://www.pinsentmasons.com/out-law/news/diversity-key-to-culture-change-fca?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceDiversity key to 'culture change' sought by FCA says employment lawyerAction by financial services firms to improve gender and ethnic diversity in senior roles must accelerate in order to deliver the "culture change" sought by regulators, a financial services employment law expert has said.Wed, 11 Oct 2023 11:10:20 Z{93B2A610-FACB-4820-BC00-1207A0A524EE}https://www.pinsentmasons.com/out-law/news/uk-regulators-diversity-plans-finance-industry?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+InsuranceUK regulators’ diversity plans for finance industryPlans by the UK’s two financial regulators to consider non-financial misconduct such as sexual harassment as grounds for regulatory action could pose difficult questions for firms, an expert has said. Thu, 28 Sep 2023 16:27:13 Z