“Some 20,000 court cases may have to be re-heard and seven expert witnesses could be jailed over allegations they lied in court about hire car prices.”
BBC News, 10th March 2012
Source: www.bbc.co.uk
Consumer Insurance (Disclosure and Representations) Act 2012 published
Source: www.legislation.gov.uk
“Insurers and banks can legitimately trade liquid and illiquid assets providing it is done on a ‘sensible scale,’ the City watchdog has said.”
OUT-LAW.com, 2nd March 2012
Source: www.out-law.com
“A mother has been jailed for claiming she suffered whiplash injuries in a fictitious car crash after her insurers took her to court in the first case of its kind.”
Daily Telegraph, 29th February 2012
Source: www.telegraph.co.uk
“‘Byzantine’ laws in England and Wales determining the affairs of those who go missing are so bewildering that they should be replaced with a simplified presumption of death act, a report by MPs proposes.”
The Guardian, 22nd February 2012
Source: www.guardian.co.uk
“Whiplash can be a pain in the neck for insurers – and it’s they who are driving the debate over the scale of personal injury claims.”
The Guardian, 20th February 2012
Source: www.guardian.co.uk
“Major banks could become embroiled in another mis-selling scandal after shares in CPP, the embattled credit card insurer, were suspended on the London Stock Exchange after a Financial Services Authority investigation.”
The Guardian, 20th February 2012
Source: www.guardian.co.uk
“Prosecutors have recovered more than half a million pounds in assets from Anne Darwin, whose husband faked his own death in a sea canoeing accident so they could claim more than £600,000 in life insurance money.”
The Guardian, 14th February 2012
Source: www.guardian.co.uk
“David Cameron will today pledge to end Britain’s ‘damaging compensation culture’ by tightening the rules on false whiplash claims that are driving up the cost of car insurance.”
Daily Telegraph, 14th February 2012
Source: www.telegraph.co.uk
“A man who led police on a high-speed chase after stealing an ambulance response car to get home after a New Year’s Eve party has been jailed for nine months.”
The Guardian, 24th January 2012
Source: www.guardian.co.uk
“It is well known that on exchange of contracts for the purchase of land, title to the property vests in the buyer in equity, so that the buyer is immediately at risk if there is damage to the property. This can be a trap. If, for example, the property is damaged by fire between exchange and completion, the buyer is bound to complete without reduction in price: Poole v Adams (1864) 10 LT 287.”
Full story (PDF) see p. 2
New Square Chambers, January 2012
Source: www.newsquarechambers.co.uk
“Insurance firms Direct Line and Churchill – both owned by RBS – have been fined £2.17m for tampering with customer complaint files before submitting them to the Financial Services Authority (FSA).”
BBC News, 18th January 2012
Source: www.bbc.co.uk
“The latest development in the credit hire saga, this decision follows the attempts by defendant insurers to apply the Cancellation of Contracts made in a Consumer’s Home or Place of Work Regulations 2008 (“the 2008 Regulations”). In Chen Wei v Cambridge Power & Light Ltd the defendant successfully used the claimant’s breach of the 2008 Regulations to avoid payment of any hire charges. In this case the claimant sought to avoid the same conclusion by having the damages paid under a policy of insurance which was in place and pursuing the claim as a subrogated claim by the insurers.”
Full story (PDF)
Zenith Chambers, 17th January 2012
Source: www.zenithchambers.co.uk
“The insurance industry must take action to stop customers launching spurious legal claims which are driving up the cost of premiums, a committee group of MPs has said.”
OUT-LAW.com, 16th January 2012
Source: www.out-law.com
“MPs today call for the bar to be raised if claimants are to receive compensation for whiplash injuries following motor accidents.”
Law Society’s Gazette, 12th January 2012
Source: www.lawgazette.co.uk
“David Cameron said the move would provide protection for employers facing claims over workplace accidents and help end a ‘culture of fear’ among businesses over health and safety. Insurance companies suggested the change could lead to reduced premiums for motorists by reducing the number of ‘friviolous’ damages claims arising from traffic accidents. Existing limits on legal fees in personal injury cases will now be extended to claims for up to £25,000, officials said. For the first time, caps on lawyers’ fees will also apply to claims brought against employers.”
Daily Telegraph, 6th January 2012
Source: www.telegraph.co.uk
“Nottinghamshire Police Authority will not pay out for damage incurred during summer riots because of a definition in a piece of Victorian legislation.”
BBC News, 20th December 2011
Source: www.bbc.co.uk
“Insurance Contract Law: Post Contract Duties and other Issues.”
Law Commission, 20th December 2011
Source: www.justice.gov.uk/lawcommission
“An insurer has been fined £2.8m by the City watchdog for a ‘high-risk’ system of pay for its sales agents, among other faults.”
BBC News, 19th December 2011
Source: www.bbc.co.uk
“The legal profession is unprepared for conflicts of interest in personal injury law that will occur from 2012, the Gazette has been told. Such conflicts could leave PI lawyers open to negligence claims and increase professional indemnity insurance premiums.”
Law Society Gazette, 15th December 2011
Source: www.lawgazette.co.uk
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