Legal
Insurer trio ordered to pay up to £20m over faulty sofas
Axa, Chartis and Travelers will pay a share of up to £20m in compensation to thousands of consumers who received serious chemical burns from sofas manufactured in China.
‘Toxic sofa’ victims to receive £20m pay out
The High Court has ordered three furniture retailers to pay £20m to customers who received serious burns from sofas manufactured in China in what is thought to be the largest group litigation in UK legal history.
AIG linked with Goldman Sachs legal action as Clegg weighs in
AIG is reported to be considering action against Goldman Sachs.
Law reports: Contributory negligence ruling is overturned at appeal
Osei-Antwi v South East London & Kent Bus Company (Court of Appeal — 19 January 2010)
Law Reports: Case bucks current trend for anxiety and stress payouts
Eribo v Odunaiya and Logic Plough Property (Queen's Bench Division — 19 February 2010)
Law Reports: Claimant fails to shift blame in electrocution judgment
Paul Tyrone Mann v Northern Electric Distribution (Court of Appeal — 26 February 2010)
Rehabilitation: Back on track
Early intervention with rehabilitation can cut the cost of sickness absence as well as insurance claims. Leigh Jackson asks whether new developments will kick start renewed interest and take up of services in the UK.
Allianz claims manager is Bicma president
The Bodily Injury Claims Management Association has named Bob Rabbitts as its new president after Norman Cottingham stood down.
Towergate creates two PLCs and appoints IPO specialist
The Towergate Partnership has instructed an international corporate law firm to help it oversee a financial restructuring of the business including the formation of two "public-limited company" operations, Post has learnt.
Oil giant set to challenge Buncefield liability judgement
Total has applied to the Supreme Court for leave to appeal a recent judgment that found the company 100% liable for claims resulting from the 2005 Buncefield depot explosion.
SRA clarifies its position on Quinn
The Solicitors Regulation Authority has advised UK-based solicitors with professional indemnity cover underwritten by Quinn Insurance against immediately seeking replacement insurance following the Irish High Court’s decision to appoint full-time…
Law Society advises Quinn policyholders against undue haste
The Law Society has advised solicitors of scaremongering surrounding Quinn Insurance and urged policyholders to await further developments and guidance before taking any action.
Corby case reaches settlement
The 19 families of children born with deformities caused by toxic dust from a former steelworks, have reached an out-of-court settlement over compensation, the BBC has reported.
Inter Resolve builds £30m war chest through VC deal
Inter Resolve plans to expand its personal injury claims business after securing a major funding deal with European venture capital firm Balderton Capital.
Securities lawsuit filings drop and dismissals surge - Advisen
New credit crisis suits plunge, but financial firms still are in plaintiff attorneys’ crosshairs according to a report by Advisen.
New partner for DWF’s insurance team
Julie Bowker is the latest new partner to be appointed to the existing 50 commercial insurance team in Manchester headed by Kieran Walshe.
Law firms welcome class action u-turn
The government has dropped controversial plans in the Financial Services Bill to allow class actions against financial institutions.
Fraud - prosecutions: On theoffensive
Many criminals are attracted to the seemingly easy rewards of insurance fraud but Stratos Gatzouris explains the various methods and proven potential for punishment.
Fraud - Recovering Monies: To catch a thief
Criminal prosecutions against a fraudster will rarely result in a commercial recovery — but there are more ways than one to skin a cat, as Nick Wood explains.
ABI's vision shortsighted
I write in response to the recent article 'MIB chief's warning over extra Employers' Liability Tracing Office costs'.
Berkshire Hathaway to be sued after fraud accusations
Ex-manager of Warren Buffett’s RV business claims firing violated ethics
Report says Quinn may have failed to reserve properly for claims
The Financial Regulator may refer breaches of insurance regulations uncovered in its investigation into Quinn Insurance to the office of the Director of Corporate Enforcement and the Garda Síochána. according to reports.
Arc adds cloning cover to motor product
Arc Legal Assistance has added a new vehicle identity theft cover to its motor legal protection product.
Myners scraps Class Action plan in rush to get Financial Services Bill through
The Government has dropped its controversial plans in the Financial Services Bill to allow class actions against financial institutions.