‘Insolvency and Contribution Claims make uneasy companions in the professional liability sphere. The latest proof is the judgment of Master Brightwell on Monday this week in Riedweg v HCC International Insurance plc & Ors [2024] EWHC 2805. Helen Evans KC explains the challenge that emerged in that case – and how variations of it have manifested themselves elsewhere.’
4 New Square, 13th November 2024
Source: www.4newsquare.com
‘A new insurance fraud charter was announced at the latest Joint Fraud Taskforce meeting.’
Home Office, 25th October 2024
Source: www.gov.uk
‘Welcome to our Special Focus edition of the Travel & Aviation Bulletin, edited by Katherine Deal KC.’
3 Hare Court, 18th September 2024
Source: www.3harecourt.com
‘In December 2023, the ICAEW Regulatory Board, along with the Professional Indemnity Insurance Committee (PIIC), began reviewing ICAEW’s insurance requirements. A consultation on the proposed changes was held from 18 October to 14 December 2023. After reviewing the feedback, the ICAEW has confirmed changes to the Professional Indemnity Insurance (PII) regime to take effect on 1 September 2024. This blog will explore the PII requirements, a summary of key changes and their purpose and impact.’
Kingsley Napley Regulatory Blog, 23rd September 2024
Source: www.kingsleynapley.co.uk
‘The High Court has clarified – in a case involving a social landlord – when a cause of action accrues under insurance policies providing contractor insolvency cover, and therefore when the limitation period begins. William O’Brien and Alicia Ogborn explains the ruling.’
Local Government Lawyer, 20th September 2024
Source: www.localgovernmentlawyer.co.uk
‘Manufacturers and distributors of non-investment insurance products may need to re-consider the efficacy of their product value assessments and ensure they are fully aware of their responsibilities to consumers following the findings of a UK Financial Conduct Authority (FCA) thematic review.’
OUT-LAW.com, 2nd September 2024
Source: www.pinsentmasons.com
‘The financial watchdog is to review the UK’s pure protection insurance market, amid concerns that competition in the sector is “not working well”.’
The Independent, 28th August 2024
Source: www.independent.co.uk
‘The UK financial watchdog is to investigate whether insurance companies are ripping off “vulnerable” customers who take out policies designed to financially protect them and their families in case of serious illness or death.’
The Guardian, 28th August 2024
Source: www.theguardian.com
‘Applications were made to the Building Safety Fund (“BSF”) in respect of two high rise developments in Birmingham with cladding defects. In the event that BSF funding was provided, the developers would have been expected to reimburse the BSF funding less any proceeds from insurance claims (pursuant to a pledge referred to in the BSF guidance signed by the developers; many developers, including the appellants, have now signed a deed of bilateral contract to give the pledge commitments contractual force).’
Falcon Chambers, 22nd July 2024
Source: www.falcon-chambers.com
‘Insurers have hailed a county court judgment on credit hire – the provision of a temporary vehicle by a claims management company in an RTA claim – as a significant turning point on costs liability.’
Law Society's Gazette, 22nd July 2024
Source: www.lawgazette.co.uk
‘His Honour Judge Saunders in Central London County Court held that Direct Accident Management Ltd (DAML) was the “real party” to litigation to recover the credit hire charges and should bear the risk of unsuccessful claims.’
Legal Futures, 19th July 2024
Source: www.legalfutures.co.uk
‘A disqualified driver who killed his girlfriend after speeding into a garden wall has been sentenced to 10 years in jail.’
BBC News, 17th July 2024
Source: www.bbc.co.uk
‘A driver who hit a seven-year-old boy in his van and left the scene of the crash has been given a suspended sentence at Folkestone Magistrates’ Court.’
BBC News, 17th July 2024
Source: www.bbc.co.uk
‘A man seriously injured in a motorbike crash “has only himself to blame” after his £6.4m claim was dismissed in the biggest case to date where fundamental dishonesty was found.’
Legal Futures, 4th July 2024
Source: www.legalfutures.co.uk
‘In a brokers’ negligence claim, when is causation decided on the balance of probabilities and when is a loss of a chance analysis appropriate? Alice Nash considers this question in the light of a recent decision of Picken J in the context of a claim for failure to obtain insurance cover, where he said the loss of a chance approach should arguably prevail.’
Henderson Chambers, 14th May 2024
Source: www.hailshamchambers.com
‘Credit hire claims often involve large sums of money, the majority of which is from the credit of the insurer. The exact amount of damages awarded is down, to a large degree, to the discretion of the judge so it is important for the claimant’s legal team to get as much of the evidence watertight before the hearing as possible. From experience at court, there are certain elements of a case which are hard to fix on the day of the hearing, but which can be caught in advance, and lead to a better result for the claimant.’
Five Pump Court Chambers, 22nd March 2024
Source: www.5pumpcourt.com
‘Thousands of residents trapped in homes with Grenfell-style cladding that they cannot sell are being “scammed” by insurers demanding unaffordable premiums despite being told the buildings are safe, The Independent can reveal. Nearly seven years after the tragedy, which took place in west London in June 2017, residents living in cladded homes are seeing their insurance costs surge by up to 1,000 per cent.’
The Independent, 24th March 2024
Source: www.independent.co.uk
‘The Court of Appeal applied ordinary black letter contractual interpretation in construing a non-assignment clause in a contract for sale.’
Gatehouse Chambers, 14th February 2024
Source: gatehouselaw.co.uk
‘A High Court judge has refused to overturn a non-party costs order (NPCO) against a credit hire company, saying the firm “voluntarily assumed the risk” of the claimants turning out to be dishonest.’
Legal Futures, 12th March 2024
Source: www.legalfutures.co.uk
© Inner Temple Library 2024