Insurers could face a wave of price-fixing claims ...case
Insurers could face a wave of price-fixing claims following a case currently in the European Court of Justice (ECJ), according to law firm Barlow Lyde & Gilbert. An opinion of the Advocate-General - whose opinions are normally followed by the ECJ - states that policyholders can claim damages for paying higher premiums as a result of unlawful agreements between insurers. Significantly the agreement in question was not on price fixing but merely an arrangement under which the insurers swap
POLL: FCA VALUE MEASURE
Most read
- Profits up at Allianz in 2018
- Laurent Matras takes interim Axa retail MD role as Gareth Howell departs
- Legal Protection Group confirms loss of Inter Hannover capacity
- Market moves: Across the board
- Regional review: Cardiff
- Towergate’s Andy Parkin resurfaces at Gauntlet
- Allianz prepared for "turbulent" 2019
Back to Top