Politics

Lloyd's motor result reflects 'torrid' time

Lloyd's finance director Luke Savage has said Lloyd's 2010 UK motor insurance result reflects the "torrid" experience of the whole market within that class of business. Its motor book reported an underwriting loss of £520m (2009: £83m loss) and a…

Call made for portal time extensions on EL and PL

The timeframes laid down for insurers to comply with the terms of the fast-track electronic claims portal may have to be modified if the process is to be extended to employers' liability and public liability claims.

MP submits motor insurance EDM

An early day motion has been submitted in Parliament calling for the transport secretary to bring forward proposals for reform of insurance arrangements for young.

The Claimant's View: Health & safety gone mad

Health & safety has gone mad. I never thought I would say those words, associated as they are with sections of the media that love to blame health & safety regulations for everything that is wrong with society today.

Law Commission rejects fraud law appeal

The Law Commission has rejected insurance industry proposals to review the law so people who commit third-party insurance fraud lose the right to recover genuine claims, after it was not deemed to have "sufficient support" by the Ministry of Justice.

PwC: Bribery Act latest “good news”

PwC has stressed the final guidance on the Bribery Act, released today, and acceptance of the need for a “proportionate and risk-based approach” to the issue, is good news for financial services companies.

Clarke outlines CFA plans

Justice secretary Ken Clarke has confirmed that the government will modify ‘no win, no fee’ arrangements with its implementation of the Jackson Review.

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