June - OFT liability-cover study published

The Office of Fair Trading's report into the UK's liability insurance markets was met with a positive response from the industry as it called for moves towards a long-term solution to the sector's problems.

The five-month study was undertaken after complaints from businesses over the sudden, sharp increases in the cost of liability insurance, and a capacity shortage that saw some occupations unable to get liability cover at any price.

The study found no evidence of a widespread lack of