Your letters: From the Broker Forum, 14 January

Mike Cranny: Lord Jackson's report on legal reform has been published

Mike Cranny: Lord Jackson's report on legal reform has been published. Proposals include:

Success fees and after-the-event (ATE) insurance premiums should cease to be recoverable in conditional fee arrangements (CFAs) CFA Success fees should be capped at 25% of damages and awards of general damages raised by 10% The use of referral fees should be banned A contingency fee model should be introduced, but these must be properly regulated and an independent lawyer should advise on its structure

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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