Insurance broker Willis fined £7m by FSA – The Guardian
“Willis Limited carpeted by the Financial Services Authority for failing sufficiently to monitor payments to overseas third parties.”
The Guardian, 21st July 2011
Source: www.guardian.co.uk
“Willis Limited carpeted by the Financial Services Authority for failing sufficiently to monitor payments to overseas third parties.”
The Guardian, 21st July 2011
Source: www.guardian.co.uk
“A clause in a public liability insurance policy requiring the insured to seek arbitration within nine months of a dispute arising on the insurer’s liability did not operate to bar an insured person’s claim before he had any cause of action to bring a claim. The Court of Appeal so held allowing appeals by the first claimants, William McIlroy (Swindon) Ltd, Mackays Stores Ltd, Cathedral Works Organisation (Chichester) Ltd, and the second claimants, Rannoch Investments Ltd, from a decision of Edwards-Stuart J in the Technology and Construction Court finding as a preliminary issue that the claimants were barred by general condition 16 of their insurance contract from proceeding against the defendants, Quinn Insurance Ltd.”
WLR Daily, 18th July 2011
Source: www.iclr.co.uk
“The present proposals by the Ministry of Justice to abolish the recovery by successful claimants of the success fees on ‘no win no fee’ libel and privacy cases and the recovery of ‘after the event’ (ATE) insurance premiums represents a damaging and dangerous attack on access to justice for ordinary citizens of modest means.”
The Guardian, 18th July 2011
Source: www.guardian.co.uk
“A man who drove to Italy with his wife despite claiming he was disabled has been jailed for nine months.”
BBC News, 13th July 2011
Source: www.bbc.co.uk
“An investigation by the Financial Services Authority has found no evidence that insurers discriminated against black and ethnic minority law firms during last year’s professional indemnity insurance renewal.”
Law Society’s Gazette, 7th July 2011
Source: www.lawgazette.co.uk
“A man who murdered his first wife in a staged car crash and tried to kill his second in a copycat smash was jailed for life today.”
The Independent, 5th July 2011
Source: www.independent.co.uk
“Amid the recent publicity about legal referral fees relating to car insurance claims, there has been more heat than light.”
BBC News, 6th July 2011
Source: www.bbc.co.uk
Pryor v Chief Constable of the Greater Manchester Police [2011] EWCA Civ 749; [2011] WLR (D) 214
“Where the police exercised powers to seize the vehicle of a driver who was driving a friend’s car, but who was in fact insured to drive the vehicle in question and had the written permission of the owner to do so, the seizure could found liability in tort.”
WLR Daily, 30th June 2011
Source: www.iclr.co.uk
“The UK Government is to abide by a European ruling on the use of gender in insurance, although it says the judgment goes against common sense.”
OUT-LAW.com, 4th July 2011
Source: www.out-law.com
“Personal injury lawyers have applauded former justice secretary Jack Straw’s calls to ban referral fees, saying the practice does not benefit law firms or their clients.”
The Lawyer, 28th June 2011
Source: www.thelawyer.com
“Price comparison sites may be in breach of financial advice regulations when they lead customers to insurance policies, regulator the Financial Services Authority (FSA) has said.”
OUT-LAW.com, 16th June 2011
Source: www.out-law.com
“Barclays pledged today to compensate on a no-quibbles basis tens of thousands of its customers who were mis-sold payment protection insurance (PPI). The group is the first bank to make such a move as it confirmed it was contacting customers who made a complaint before April 20 to settle claims in full as a ‘gesture of goodwill’.”
The Independent, 13th June 2011
Source: www.independent.co.uk
“Economically speaking, the law is generally thought to be a counter-cyclical profession.”
Law Society’s Gazette, 12th May 2011
Source: www.lawgazette.co.uk
“The Financial Services Authority was not contrained by the existence of statutory powers in section 404 of the Financial Services and Markets Act 2000 from using other powers to deal with what it perceived as the widespread mis-selling of payment protection insurance (PPI) policies by banks. Neither the language of section 404 itself nor its role as part of the overall regulatory framework could warrant the implication in it of a restriction on all other powers merely because the circumstances warranting the operation of a section 404 scheme were satisfied.”
WLR Daily, 20th April 2011
Source: www.iclr.co.uk
Please note that once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
“Shadow justice minister Andy Slaughter called on personal injury lawyers to get their clients involved in the fight to amend the government’s proposals on civil litigation costs.”
Law Society’s Gazette, 21st April 2011
Source: www.lawgazette.co.uk
“UK banks have lost a judicial review that could have a major impact on whether more compensation has to be paid on mis-sold loan insurance..”
BBC News, 20th April 2011
Source: www.bbc.co.uk
“A clause in a settlement agreement relieving the paying party from its obligation to make payment to the receiving party in the event of the latter’s insolvency infringed the ‘anti-deprivation principle’ which prevented the making of a valid contract by which a person’s property was to remain his until bankruptcy but on such event was to pass to someone else and be taken away from his creditors.”
WLR Daily, 31st March 2011
Source: www.iclr.co.uk
Please note that once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
“An insurance fraudster who shot himself in the chest as part of string of scams has been jailed for six-and-a-half years at Caernarfon Crown Court.”
BBC News, 11th March 2011
Source: www.bbc.co.uk
Sousa v Waltham Forest London Borough Council [2011] EWCA Civ 194; [2011] WLR (D) 71
“A successful claimant was entitled to seek costs which included a success fee under a conditional fee agreement where the agreement had been entered into between the claimant’s insurers and the lawyers acting for him and the applicable insurance policy provided him with an indemnity as to costs.”
WLR Daily, 4th March 2011
Source: www.lawreports.co.uk
Please note that once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
“Article 5(2) of Council Directive 2004/113/EC was invalid with effect from 21 December 2012 since it permitted European Union law and consequently member states’ laws, to derogate from the principle of equal treatment of men and women, guaranteed by articles 21 and 23 of the Charter of Fundamental Rights of the European Union, without temporal limitation.”
WLR Daily, 2nd March 2011
Source: www.lawreports.co.uk
Please note that once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.