Legal
Insurance companies under the rogue PI spotlight
Three insurance companies are to be investigated for illegal activity involving private investigators, the Information Commissioner’s Office has confirmed.
Biba in PI spat with Law Society
Legal professional body brushes off criticism over its scathing broker comments
Brokers struggling to offload PI books
Brokers offered insurers books of scores of law firms without scrutinising their ability to pay out on claims, it has been reported.
Law firms scrambling for PI cover amid rate hikes
Scores of law firms are reportedly facing a battle to secure professional indemnity (PI) insurance cover in time for the 1 October renewal deadline, with rates up by some 40% compared to last year.
Home Affairs Committee extends rogue investigator timescale
The Home Affairs Committee has given the Information Commissioner (IC) until 8 October to conduct a two-week "scoping exercise" in a bid to establish the scale of the blue-chip private investigator storm.
Marsh warns of "worrying trend" for unrated PI insurers
Marsh has cautioned that the presence of unrated insurers in the small and medium-sized professional indemnity (PI) space is a "worrying trend".
Ghost broking scam: Two admit to laundering proceeds
Two men have admitted to the Old Bailey that they laundered the proceeds of a nationwide motor insurance scam, netting more than £500,000.
FCA states it has never used private investigators
The Financial Conduct Authority (FCA) has stated that it has never used private investigators.
MPs hand Soca Monday deadline to publish rogue investigator list
MPs have given the Serious Organised Crime Agency (Soca) a deadline of Monday 9 September to publish the list of insurance companies and law firms who hired rogue private investigators.
Biba hits back at "ill-informed" and "self promoting" Law Society
The British Insurance Brokers’ Association (Biba) has slammed comments made about the solicitors’ professional indemnity (PI) broker market.
Law Society hits out at brokers with new solicitors' PI offering
A new professional indemnity (PI) insurance solution has been launched for small solicitor firms.
Axa makes final offer to settle Autofocus claims with Accident Exchange
Axa has made a full and final settlement offer in an attempt to end its involvement in the long-running Autofocus litigation.
Aon reportedly on rogue investigator SOCA list
Aon has been named among the firms that appear on the Serious Organised Crime Agency's (SOCA) list of organisations that used rogue private investigators, it has been reported.
Time to look in the mirror
It has long been argued by the insurance industry that the public's perception of the sector has been damaged by the actions of bankers, that insurers have been unfairly tarnished by the same financial services brush.
Private investigator in Lloyd's of London blue-chip hacking claim
A private investigator who was jailed last year for his role in the blue-chip hacking storm has claimed that insurers at Lloyd's of London were among his clients, it has been reported.
Insurance companies implicated in use of rogue private investigators
Ten insurance companies have been implicated in the use of the “rogue element of the private investigation industry”, according to a report from the Serious Organised Crime Agency (Soca).
Cobra Group legal division launches intellectual property offering
Cobra Legal & IP has launched two intellectual property (IP) products.
Bluefin and Wentworth Alexander settle legal dispute
Bluefin has confirmed that a settlement has been reached in its legal wrangle with competitor Wentworth Alexander.
JLT Specialty voices concerns on unrated markets
JLT Specialty has raised concerns about solicitors placing professional indemnity (PI) insurance in unrated markets.
Jelf and Hiscox launch interim management products
Jelf and Hiscox have teamed with the Interim Management Association (IMA) to launch two products for the sector.
Unrated Latvian insurer Balva faces liquidation
Unrated Latvian insurer Balva, which is believed to provide professional indemnity (PI) insurance to 1,300 UK firms, has had its operating licenses withdrawn in a bid to protect customers.
Das reacts to broker feedback with legal protection revamp
Das has revamped its stand-alone commercial legal protection (CLP) product in response to broker feedback.
UIB and Elite in renewed assault on UK solicitors' PI market
UIB has renewed its binding authority capacity deal with Elite Insurance for another year.
Essex and London top car crime insurance list
Motorists in Essex and London areas of the UK are the most likely to make a claim on their car insurance for crime, according to analysis by MoneySupermarket.