Claims
Industry welcomes discount rate court victory
Insurance lawyers have welcomed a High Court ruling dismissing a challenge on the current discount rate to determine damages in a catastrophic personal injury claim.
Lloyd's reveals Superstorm Sandy claims could hit $2.5bn
Lloyd's has announced today that its estimated net claims before tax from Superstorm Sandy are between $2bn and $2.5bn.
Mesothelioma proposals will render victims powerless
Personal injury law firm Irwin Mitchell has criticised the government's mesothelioma compensation reforms for restricting access to justice for victims.
Consultation on mesothelioma compensation reform to take place in spring
A public consultation on plans to reform the way mesothelioma cases are dealt with will take place in spring 2013.
Quindell granted ABS licence
Quindell Portfolio has secured an alternative business structure licence for legal services which will allow it to complete the purchase of personal injury specialist Silverbeck Rymer.
RSA and More Than give Xmas vouchers to flood affected customers
RSA and More Than will redirect mail and offer gift vouchers for customers forced to spend Christmas in alternative accommodation following the recent floods.
Post Blog: Business interrupted
What can previous catastrophes tell us about the business interruption landscape following superstorm Sandy? Amy Lacey explains.
Over half of young people understand the legal implications of online gossip
Research by media law firm Wiggin LLP found that 54% of 18 to 24 year-olds are aware that they could be prosecuted for posting unsubstantiated rumours about someone else online.
EIOPA declares insurance sector outlook 'significantly' negative
The financial stability of the European economy remains fragile, despite coordinated political efforts and actions taken by the European Central Bank.
Rothko vandal jailed for 'unacceptable' crime
The man who defaced a Mark Rothko mural at the Tate Modern in October has been sentenced to two years' imprisonment.
Male drivers more accident-prone, research finds
Young men are more likely to have serious accidents than women of the same age because they are more prone to sudden breaking and driving for extended periods without taking a rest, according to research by Insure the Box.
Telematics technology can curb 'crash for cash fraud', says Cobra
Insurance technology firm Cobra has called for the wider use of telematics in vehicles to stamp out fraud.
South Korean regulator voices concerns over local insurer solvency
The South Korean regulator has advised local insurers to increase their capital base.
Government criticised for jumping the gun with whiplash proposals
Claimant bodies have accused the government of attempting to introduce "too much reform, too soon" following publication of the Ministry of Justice's long-awaited whiplash consultation.
Catastrophic injury: Collaboration not confrontation
Despite its inherently adversarial nature, a collaborative approach to catastophic injury claims can prove advantageous for all parties.
Your Say: Difficult to achieve exclusivity
I read the recent news story (Imperial challenges "underhand" practices) with interest as we are one of the (but not a direct) competitors to Imperial.
Market moves: Willis reshuffle and new Marsh Asia-Pacific CEO among biggest changes
This week represented a big seven days for the broking community, with key changes at Willis and Marsh.
Penny speed meets... Darren Wills, claims director, Groupama Insurances
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own 'speed…
Whiplash proposals could tackle 'disproportionate' claim volume, Groupama says
Groupama has become the latest insurer to support Government’s proposals to cut the cost and number of whiplash claims.
CHO welcomes Competition Commission's consumer harm focus
The Credit Hire Organisation has welcomed the Competition Commission's detailed plan of investigation into the motor insurance market.
Electra backs Davies for long haul, despite £11m write-down in first year
Davies' private equity backer has committed to working with the loss adjuster for "at least five or six years", despite having to write down a third of the value of its stake in the first year of ownership.
Loss Adjuster Insight: Providing a quality service
Insurance 360's third annual survey reviews the performance of UK loss adjusters during 2012
Interview: Rod Evans - Taking the bull by the horns
Assuming the role on the eve of major reforms to the industry, Forum of Insurance Lawyers president Rod Evans tells Post he is relishing the challenges ahead and looking forward to improving cross-industry co-operation.
Large bodily injury claims increasingly settled by periodic payment orders, Willis Re finds
Periodic Payment Orders are becoming increasingly prevalent in the UK motor market, with the larger, more serious bodily injury claims more frequently settled in this way, according to a report by Willis Re.