Legal
How insurers can get ready for the Fourth Anti-Money Laundering Directive
The Fourth Anti-Money Laundering Directive applies to a range of businesses, including insurers. After its formal adoption in June, European Union member states now have two years to implement the new rules into national law.
Ross to join Towergate in November as Gallagher dispute settled for £20m
The legal dispute between Arthur J Gallagher and former employees David Ross and Mark Mugge and independent consultant Christopher Keey has been resolved with Towergate and shareholder Highbridge to pay £20m in settlements.
Towers Watson shareholders aim to block Willis merger
Towers Watson shareholders have filed several class action suits against the consultancy firm in the US over its planned merger with broker Willis.
Thompsons demands MP action for motorists after insurer results statements
Law firm Thompsons Solicitors is demanding cross-party action from MPs after it criticised claims portal costs as being "punitive", "unrealistic" and set for the benefit of insurers.
Nicholson leaves DAC Beachcroft for Kennedys in Singapore
DAC Beachcroft is down to one partner in Asia following insurance partner and office founder Ben Nicholson's move to rival insurance-led firm Kennedys.
Quindell inquiries expected to run for years as shareholders seek redress
Hundreds of shareholders of beleaguered outsourcer Quindell are gearing up to seek compensation following “misleading statements” by the firm’s former management, as market insiders reveal investigations into the company could run for several years.
Insurance Act: Loss Adjusters: The need to change
Loss adjusters may need to change their working practices as the Insurance Act comes into effect
Allianz wins judgment on ‘unreasonable’ issuing of court proceedings
Allianz has successfully defended itself from having to pay seven times more in costs for a personal injury case after a judge ruled the claimant had issued legal proceedings prematurely.
SIMR: enhanced responsibility and accountability for senior management
Significant changes are in store for the UK's rules for senior managers of insurance and reinsurance firms, including Lloyd's managing agents and firms not subject to Solvency II.
Miss England contestant and semi-pro footballer jailed for whiplash fraud
A former Miss England contestant and ex-semi-pro footballer has been jailed for two months alongside another woman after attempting to defraud Esure out of £3000 for a false whiplash claim.
Hastings adds Peter Blanc to its board of directors
Aston Scott executive chairman Peter Blanc has been appointed to the board of directors at Hastings Insurance Group along with legal private practice stalwart Selina Sagayam.
Compulsory insurance for drones mooted as insurers are urged to review wordings
Insurers must review policy wordings that could be interpreted to cover drone use, legal experts have advised, amid calls for the industry to lobby regulators around safety laws and the potential for compulsory insurance relating to the emerging…
Singapore judge dismisses springboard injunctions in broker legal spat
Judge Choo Han Teck has dismissed attempts by JLT to grant two springboard injunctions against Howden, four former JLT employees and recruitment firm Huntington Search.
Legal Update: Is the Insurance Act 2015 a liability?
Question marks remain over how the market will respond to key provisions, says Nick Young.
Expertise From A-Z: Legislation: Getting in on the act
Legal reforms have formed the backbone of an exciting first half of 2015, with the rest of the year promising a continuation of challenges.
JLT sues Howden in Singapore to halt staff exodus
JLT is pursuing Howden and a Singapore executive firm in the Singapore courts after key staff including JLT's Singapore managing director Goh Chye Huat left in May.
Insurers round on Aviva following 'disingenuous' ABS accusations
Aviva has been criticised for playing the “blame game” in the fight against fraud following accusations that rival insurers with alternative business structures are guilty of “feeding the beast” of fraudulent whiplash claims.
North of the Border: A new prescription for old problems?
The recent Supreme Court decision in David T Morrison v ICL Plastics turned the Scottish legal profession’s understanding of the law of prescription on its head.
CMC regulator and Apil back ethical marketing charter
An ethical marketing charter geared towards clamping down nuisance marketing and bad practice by rogue operators has been backed by the Claims Management Regulator and the Association of Personal Injury Lawyers.
Blog: Toxic fumes in airplanes?
Recent media coverage has put the issue of whether airplane passengers and crew can potentially be exposed to toxic cabin air back in the news. Could this result in new claims?
Gallagher kicks off legal proceedings against Alex Skriptchenkov and Portsoken
Arthur J Gallagher has started legal proceedings against former employee Alex Skriptchenkov and his new employer, Portsoken.
RPC Consulting buys software company Marriot Sinclair
RPC consulting has acquired UK-based financial services software and consultancy firm Marriott Sinclair.
Iran nuclear deal paves way for sanctions removal for insurers
A tentative nuclear deal between Iran and six global powers could see the embargo against insuring and reinsuring entities from the pariah state lifted.
SRA revives plan for compulsory PI reform
The Solicitors Regulation Authority has launched a consultation paper reviving its long held ambition to overhaul the compulsory solicitor’s professional indemnity insurance framework.