Legal
Social media-related risks could offer new market says CII
Social media-savvy young people could represent an emerging market for online risk insurance cover, according to research conducted by the Chartered Insurance Institute (CII).
Scottish footballer cleared of £94,000 fraud allegations
Scotland footballer Garry O’Connor has been cleared of attempting to defraud Aviva, his insurance company.
New network to launch in July
Specialist personal injury law firm New Law has confirmed that NL24, a new network for brokers, will be launched operationally in mid-July.
FSA approval times increasing
The amount of time taken by the Financial Services Authority (FSA) to approve new firms has risen for the third consecutive quarter.
Insurers behaving in 'morally repugnant' fashion over PI auctions
A solicitor’s firm has branded the practice of auctioning books of personal injury claims morally repugnant and bankrupt.
Health and Safety: All about the money
Facing a huge cut in its budget, the Health and Safety Executive is preparing to claw back the shortfall. But plans to charge fees for interventions have met with a mixed response.
ABI accused of playing 'cynical and duplicitous game' over portal fees
The Association of British Insurers (ABI) has reportedly advised members to start negotiating with offers of £150 for legal fees in low value claims.
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.
Das unveils Loss Assist
Das Group is to expand its range of assistance products with Loss Assist, set to be launched at the British Insurance Brokers’ Association’s 2012 conference in May.
Bill for Quinn Insurance collapse could rise to €1bn
The collapse of Quinn Insurance could cost Irish policyholders almost €1bn (£0.8bn), the Irish Independent has reported.
Abbey Protection posts positive results
Abbey Protection has reported a 5% growth in profit, from £9.6m in 2010 to £10.1m in 2011.
XL sues client over "false" policy application
XL Group is suing one of its clients, hedge fund Level Global, for $7.45m ($4.74m) for allegedly making misrepresentations when purchasing an insurance policy.
Allianz UK sees growth across the board
Allianz UK has revealed increased gross written premium, higher operating profits and an improved combined operating ratio in its 2011 results.
Quinn family closer to avoiding liability for Anglo loans
Seán Quinn’s wife, Patricia, and their five children are one step closer to avoiding liability for loans worth up to €2.34bn (£2bn), the Irish Times has reported.
Insurers prosecuted for data protection breaches in Dublin
Zurich, Travelers and Irish insurer FBD have been prosecuted for breaching the Data Protection Act after pleading guilty to illegally using social welfare information on individuals at Dublin District Court.
Seán Quinn faces jail over contempt of court charge
Contempt of court proceedings have been initiated against Seán Quinn and two family members, the Irish Times has reported.
Allianz Legal appoints new sales chief
Allianz Legal Protection (ALP) has appointed Phil Ruse to the newly-created role of head of sales and distribution.
Ageas confirms it is suing Kwik-Fit
Ageas has confirmed it is to take legal action against Kwik-Fit.
Ageas sues Kwik-Fit over insurance arm deal
Ageas is suing Kwik-Fit over liabilities relating to the £215m purchase of the company's insurance arm in 2010.
DAS returns to profit as it prepares for new legal landscape
The DAS UK Group has moved back into profit following a difficult 2010.
New claims mediator launches to brokers
Expedite Resolution has launched a new service that it claims could bring a flexible and cost effective approach to claims settlement.
Time running out for Straw's motor bill
Jack Straw MP’s Motor Insurance Regulation Bill is to have its second reading in the House of Commons today although there is little prospect of it becoming law.
Compass points to identity theft
Compass Underwriting has launched a new identity theft product in association with LawShield and Experian.
Elite in solicitors’ PI U-turn
Elite Insurance has confirmed that it will re-enter the solicitors’ professional indemnity (PI) insurance market in 2012.