“Victims of asbestos and their families face more ‘confusion and uncertainty’ today after a Court of Appeal ruling.”
The Independent, 8th October 2010
Source: www.independent.co.uk
“Thousands of families bereaved by the asbestos cancer mesothelioma will discover this week whether insurance companies will compensate them for the deaths of their loved ones. The Court of Appeal will rule in a test case on Friday if insurers must pay out on company policies that existed when people were exposed to the deadly dust.”
The Independent, 3rd October 2010
Source: www.independent.co.uk
“Nearly three million people who took out payment protection insurance (PPI) sold by banks and other lenders could be in line for compensation totalling more than £2bn after the Financial Services Authority today issued new rules on how firms should handle the flood of complaints over mis-selling.”
The Guardian, 10th August 2010
Source: www.guardian.co.uk
“The Law Commission and Scottish Law Commission are conducting a joint review of insurance contract law.”
Law Commission, 9th July 2010
Source: www.lawcom.gov.uk
“Plans for the shake-up of financial services regulation announced by UK Chancellor George Osborne last night raise more questions than answers, according to banking and financial legal experts.”
OUT-LAW.com, 17th June 2010
Source: www.out-law.com
“Personal injury lawyers and insurers are not the greatest of friends. Lawyers often see insurers as obstructive and just trying to weasel out of paying. Insurers see lawyers as equally obstructive and just trying to squeeze as much money as they can for themselves out of the compensation process.”
Full story
The Guardian, 15th June 2010
Source: www.guardian.co.uk
“Is the referral fee debate over? Two reports submitted recently to the Legal Services Board (LSB) would make one think that it is, even though the board itself has still to reach a final decision.”
Law Society’s Gazette, 14th June 2010
Source: www.lawgazette.co.uk
“Black and minority ethnic lawyers are being refused compulsory insurance in what they describe as blatant race discrimination in the legal profession.”
The Guardian, 6th June 2010
Source: www.guardian.co.uk
“Watchdog rejects appeal, saying ruling will bring more choice and cheaper rates to payment protection insurance market.”
The Guardian, 14th May 2010
Source: www.guardian.co.uk
“Lawyers could become an uninsurable risk if the Solicitors Regulation Authority (SRA) fails to reform the professional indemnity (PI) insurance regulations.”
The Lawyer, 10th May 2010
Source: www.thelawyer.com
“In calculating the liability to corporation tax of an insurer in respect of its basic life and general annuity business, the taxpayer was entitled to relief in respect of losses incurred in past years, including years prior to 2003, when the law had been amended to make specific reference to the right to carry losses forward in respect of that type of business.”
WLR Daily, 16th April 2010
Source: www.lawreports.co.uk
Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
Third Parties (Rights against Insurers) Act 2010 published
Full text of Act (PDF)
Source: www.opsi.gov.uk
“Insurers who delay paying valid claims should be liable to policyholders for any foreseeable losses they cause, a new Law Commission paper suggested this week.”
OUT-LAW.com, 25th March 2010
Source: www.out-law.com
“The Law Commission and Scottish Law Commission are conducting a joint review of insurance contract law.”
Law Commission, 24th March 2010
Source: www.lawcom.gov.uk
“More than 300 people who suffered burns from a chemical used on Land of Leather sofas will not receive compensation, the High Court has ruled.”
BBC News, 18th March 2010
Source: www.bbc.co.uk
“The Government has ditched proposals for a ‘dog tax’ that would force owners to insure against their pets attacking people barely a week after the idea was first floated.”
The Independent, 17th March 2010
Source: www.independent.co.uk
“A contract’s liability cap applies to interest on payments that is part of that contractual agreement but does not apply to statutory interest applied by a court, the High Court has said.”
OUT-LAW.com, 4th March 2010
Source: www.out-law.com
“‘Access to Justice entails that those with meritorious claims (whether or not ultimately successful) are able to bring those claims before the courts for judicial resolution or post-issue settlement, as the case may be. It also entails that those with meritorious defences (whether or not ultimately successful) are able to put those defences before the courts for judicial resolution or alternatively, settlement based upon the merits of the case.’”
Law Society’s Gazette, 1st February 2010
Source: www.lawgazette.co.uk
“A mother whose home resembled a ‘murder scene’ after a midwife ‘randomly hacked’ at her with a pair of scissors has called for a change in the law to force independent midwives to take out insurance.”
Daily Telegraph, 28th January 2010
Source: www.telegraph.co.uk
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