Legal
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.
Admiral ponders creation of law firm
Admiral is considering setting up its own personal injury law firm in light of the developments to legal firms’ ownership under the alternative business structure changes.
Man jailed after £2.3m insurance fraud attempt
A man who exaggerated his injuries and attempted to claim £2.3m in compensation has been jailed for four months by the Royal Courts of Justice after his deception was uncovered and he was found in contempt of court.
DAS buys Everything Legal
DAS UK has purchased online legal services company Everything Legal.
Former BoE committee man joins regional broker
Buckinghamshire-based J Bennett and Son has appointed Steve Smart as a non-executive director.
LMA urges Ombudsman to look at true costs of rising motor premiums
The Lloyd’s Market Association (LMA) has stressed that losses in the motor insurance market and unnecessary costs faced by insurers are responsible for pushing up prices for customers.
Allianz claims success in Darren Bent case despite apparent loss
Allianz has hailed the Court of Appeal’s judgement in the credit hire case of England footballer Darren Bent as a significant victory for the general insurance industry.
England footballer defeats Allianz in credit hire case
The Court of Appeal has found in favour of England footballer Darren Bent in his ongoing credit hire legal wrangle with Allianz Insurance.
Brokers warned of rise in fraud after FSA bans broker
Brokers have been warned to ensure that proper internal controls are in place to tackle a rise in simple but potentially business-threatening fraud.