Jackson Review
Sabre profits jump to £43.4m in 2013
Motor insurer positive that Competition Commission review and Laspo will not have negative impact.
Admiral considering claims specialist takeover
Admiral is reportedly planning a tie-up or merger with a Bristol-based claims specialist.
Reportage: Tipping the scales
Brokers face a huge change in the way legal expenses insurance is sold and could lose out if they can’t tap into before-the-event products and add-ons, writes Martin Friel
Referral fee ban lacks definition and will "damage access to justice"
The LASPO Bill represents “a litany of missed opportunities for the personal injury system” according to John Spencer, director of Spencers Solicitors.
The Broker Business Club: Meeting of minds
Insurance Age has once again teamed up with Zurich Insurance to hold a series of Broker Business Clubs where some of the most influential insurers, brokers and stakeholders address and tackle the issues that matter to the modern insurance market. The…
PM to challenge industry to reduce cost of motor premiums
David Cameron will host a summit with insurance industry representatives, consumer bodies and business groups in a bid to bring down the cost of insurance premiums and tackle the country's growing compensation culture.
Laspo bill delayed until April 2013
The Jackson reforms will not be implemented until April 2013, the government has announced.
Reportage: LEI’s future in the balance
Legal expenses insurance faces an uncertain future but commercial could provide a lucrative new market, reports Louise Meeson
Insurers call for full implementation of Jackson
While Zurich and Aviva have welcomed the move to ban referral fees, both insurers said it needed to be part of a wider set of reforms.
Government to ban referral fees
The government has pledged to ban the use of referral fees as part of what it calls its commitment to curb compensation culture.
Abbey Legal posts profit as it prepares for changes on legal landscape
Abbey Protection’s MD has predicted a blanket implementation of Jackson’s proposals as the legal insurer posted a 6% increase in pre-tax profits to £5m for Q2 2011.
Jack Straw to speak at Post claims event
Former Justice Secretary and outspoken critic of referral fees Jack Straw will address the annual Insurance Age’s sister title Post’s Claims Event on 12 October.
See you in court?
The demise of no-win no-fee could leave many SMEs unable to pursue claims in court
Moody's: Axa's referral fee stance could benefit the sector
Axa’s recent decision to no longer accept personal injury referral fees could benefit the sector as a whole according to credit ratings firm Moody’s.
Jack Straw attacks referral fee system
Former Secretary of State for Justice, Jack Straw MP, has called for referral fees to be banned in an article published in The Times.
Elite Insurance announces resignation from the ABI
Elite Insurance has confirmed that it will be resigning from the Association of British Insurers (ABI) with immediate effect.
Government says yes to referral fees
As part of its new Justice Bill, unveiled today, the government has confirmed its intention to spare referral fees.
Industry reacts to referral fee report
Lawyers and insurers have slammed the recommendation by the Legal Services Board (LSB) to retain referral fees in the personal injury marketplace.
Personal injury costs to approach £10bn, report says
Costs faced by the personal injury insurance industry are likely to rise from £8.4bn in 2010 to £9.7bn by 2014 driven by the growth in the number of motor personal injury claims according to a report by Datamonitor.
Allianz chief hails broker book but laments state of commercial market
Allianz UK CEO, Andrew Torrance, hailed the performance of the insurer’s broker retail book but lamented the continued soft condition of the commercial market as he revealed the insurer's financial performance for the first three months of 2011.
Power hour: legally speaking
Our experts debate the issues facing legal expenses insurance, from the implications of the Jackson Review to referral fees and broker understanding of the market. Liz McMahon reports