Legal
Concern as to whether industry will foot the bill for riots
Concern has been raised by brokers as to whether the events over the last few days in London, Liverpool, Birmingham and Bristol will be officially classed as riots under the Riot (Damages) Act 1886.
Further law firms announce merger plans
The partners of Clyde & Co and Barlow Lyde & Gilbert (BLG) have voted for a merger between the two law firms.
See you in court?
The demise of no-win no-fee could leave many SMEs unable to pursue claims in court
Fighting for justice
It is time for the insurance industry to show some courage and take a moral stand against referral fees, says Tony Cornell
New player enters solicitors' PI arena
First Title Insurance has joined forces with Ink Underwriting Agencies to offer professional indemnity insurance (PII) to law firms, for the first time.
Beachcroft and Davies Arnold Cooper merge
Insurance law firms, Beachcroft and Davies Arnold Cooper (DAC), have confirmed that they will merge.
ABS deadline delayed
The 6 October deadline for licensing alternative business structures (ABS) has been delayed until 2012 Insurance Age’s sister title Post has revealed.
Brokers warned to take heed of corporate manslaughter case
Recent charges made under the Corporate Manslaughter Act should serve as a reminder to brokers of the need to advise clients appropriately, Allianz Commercial has warned.
RSA relaunches into legal indemnity market
RSA has announced a strategic partnership with independent broker Litigation Protection to focus on legal indemnity with solicitors and licensed conveyancers as it seeks “a dominant position in the market”.
L&G warns of increase in burglaries
Legal & General (L&G) has queried the findings of the British Crime Survey which reported a 14% increase in burglaries in England and Wales but found “no evidence” that the recession is having an impact on overall crime figures.
Flaxman appointed to CEDR commercial mediation service panel
Roger Flaxman has been appointed as a member at the Centre for Effective Dispute Resolution’s (CEDR) commercial mediation service, CEDR Solve, as one of 18 insurance specialists on the 120-strong panel.
Slow down in car insurance price rises
The average price of a comprehensive car insurance policy rose by 2.7% in the second quarter of 2011, according to the Confused.com and Towers Watson Car Insurance Price Index.
SRA says ARP is working
Despite criticism from the insurance industry, the Solicitors Regulation Authority (SRA) has said its new enforcement measures for the Assigned Risks Pool (ARP), have started to show signs of success.
Lack of resources could hinder Bribery Act
As the 2010 Bribery Act comes into force on the 1 July, anti-corruption watchdog Transparency International UK has warned that its enforcement could be undermined by a lack of resource.
Solicitor responds to Jack Straw on referral fees
Des Collins, senior partner of Collins Solicitors, has welcomed Jack Straw’s comments on the need to clamp down on claims management companies and ban referral fees.
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.
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.
Appeal decision good news for surveyors
The Court of Appeal has unanimously agreed that surveyors did not owe a duty of care to a buy-to-let investor in the case of Scullion v Bank of Scotland Plc (t/a Colleys).
Elite declines to enter solicitors’ PI market
Elite Insurance, has decided against entering the solicitors’ professional indemnity (PI) insurance market this year reversing initial suggestions it would.
Legal experts criticise PRA announcement
The legal sector has roundly criticised the contents of the Financial Services Authority (FSA) and Bank of England’s joint paper describing it as worrying and raising more questions than answers.
Sean Quinn to play starring role in family's High Court drama
Failed insurance tycoon Sean Quinn is set to be included as a defendant in a major High Court battle between his family and Anglo Irish Bank, according to the Irish Independent.
Independent 10 years on - the broker response
Ahead of the tenth anniversary of Independent Insurance going bust Insurance Age has canvassed opinion in the broker market asking what impact it had and whether the industry has learnt any lessons.
Ink boosts PI team ahead of solicitors’ renewal season
Ink Insurance has appointed two lead underwriters from St Mary Underwriting as it looks to expand in the solicitors’ professional indemnity (PI) market.
More judicial reviews but no certainty of success, says RPC
There will be more judicial reviews following the decision by the Financial Services Authority (FSA) to increase the top limit of awards by the Financial Ombudsman Service (FOS) however recent events mean the regulators will be “emboldened” in defending…