Regulation
Post Pick of the Week
Post reporter Leigh Jackson outlines the major stories from this week's issue of Post: Insurance asbestos costs to double;Axa personal injury move; FSA targets client money; Henderson director joins Towergate; Aviva scraps commercial and personal posts.
Editor's comment: FSA: not gone yet
If the insurance broking fraternity thought that the banking crisis would lead to the Financial Services Authority giving them an easier ride over the coming months, as it channelled its energies there, then last week's 'Dear CEO' letter may have caught…
London companies prepare for Solvency II
The IUA has declared that companies that successfully implement Solvency II may make efficiency improvements and gain a competitive advantage on their rivals.
ABI responds to Government discussion paper on CFCs
Association of British Insurers indicates initiative will make the UK tax system more "competitive."
US authorities are set to investigate the AIG bail-out
The US bail-out watchdog is to investigate AIG's rescue, the BBC has reported.
Weightmans offers legal advice to insurers ahead of MOJ reforms
Law firm Weightmans has launched an information portal aimed at assisting the insurance industry to prepare for the introduction of a new motor claims handling process.
Personal injury claims average drops 6% in Ireland
The Injuries Board CEO Patricia Byron reports the average workplace award was 48% higher than in motor.
Brokers warned of "storm brewing" after FSA voices client money concerns.
CMS lawyer expects regulator to take tougher action.
Legal update - Thrid Parties Rights Bill: Straight to the point
The Third Parties (Rights Against Insurers) Bill went to the House of Lords late last year, aimed at updating the Third Parties Act of 1930. Terry Donaghy looks at the implications this has for insurers.
Fraud - voice stress analysis: Liar, liar
With fraud costing insurers £1.8bn in 2009, Daniel Dunkley explores the validity and effectiveness of voice stress analysis technology, once hailed as a 'silver bullet' for the industry.
News analysis - Jackson report: In decent proposals
Andrew Parker examines the proposals unveiled last week by the Jackson report and considers the implications they hold for insurers, claimants and the legal sector.
Invest in your profession
This week, Post launches Investing in the Profession, a new campaign aimed at raising the profile of some of the great initiatives that are taking place in the general insurance sector to improve professionalism and standards.
Berkshire Hathaway shareholders approve stock split
Berkshire Hathaway shareholders approve a 50-for-1 share split.
Lovells backs compensation for terror victims
MoJ announce Bristish victims of terror attacks overseas eligible for compensation
Gen Re in AIG probe settlement
Gen Re will settle a US governmental investigation into its dealings with AIG, Bloomberg has said.
Government to compensate victims of terrorism abroad
Biba welcomes commitment.
Insurers unprepared for ARROW visits
Survey finds lack of understanding from industry
Regulation could undermine UK competiveness claims report
PwC/CBI report claims London has not been dented by economic downturn.
Straw introduces new terrorism scheme
Compensation scheme aimed at those injured abroad.
Foil: Jackson report represents a “new era” in civil litagtion
Lawyer body calls on stakeholders to fully consider implications of final report
Jackson review “misses the point”
Apil voice concern for claimants.
MDU responds to report on civil litigation costs
Lord Justice Jackson’s final report believed to be well-considered.